Strengthening Families & Communities Through Homeownership
HOMEOWNERSHIP
IS ACHIEVABLE
Are you ready for secure, stable, and sustainable housing? Ridding your life of rent and becoming a homeowner is possible. River City Housing has sold hundreds of houses to first-time homebuyers at varying levels of household income. Check out the following information and tools to see what resources are available and what assistance you may qualify for.
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Homes For Sale | First-Time Homebuyer Program | Subcontractors
STEPS TO QUALIFY:
1. You must be a first-time home buyer (not owned a home in the past three years)
2. Qualify for a mortgage from a bank or other reputable lending institution
3. Meet the income guidelines for number of members in household (see list below)
4. Complete HUD-certified New Homeowner Training (there is a cost associated with this course; price varies)
5. Must also meet all other requirements to qualify for Down Payment Assistance
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New Homeowner Training:
Louisville Urban League at 502-585-4622, Apprisen 502-458-8840 or go online to eHomeAmerica
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Once qualified, you're ready to find the home of your dreams!
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INCOME GUIDELINES
To purchase a River City Housing property, your total household gross income must not exceed a certain amount based on household size.
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The following 2024 HUD Annual Income Limit Guideline depicts the maximum income level for the number of household members to qualify for these purchase programs.
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# in Household Max Income
1 Person $54,000
2 People $61,700
3 People $69,400
4 People $77,100
5 People $83,300
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Contact us to help answer your questions about the 2024 HUD Annual Income Limits.
