Who can purchase a home developed through one of HPDs programs?
Requirements vary. Some City-sponsored homeownership programs are limited to households that fall within certain income levels. Some require the purchaser to be a first-time homebuyer, defined as someone who has never owned a small home (one- or two-family home), co-op or condo for use as a primary residence. Applicants should also be credit worthy and able to qualify for a mortgage. There is a community preference for all City-sponsored homes.
