| Homebuyers |
| Poplar Community Boulder, Colorado |
| Roslyn Court Stapleton, Denver, Colorado |
| Affordable Housing Resource Linking Builders, Buyers and Brokers |
| Affordable Properties |
 | |  | |  |
Affordable Living
The place you choose to live should be just that – a place you will enjoy living, near
work, schools and amenities. Ultimately you should have a choice…in today’s real estate
market that can be difficult. Affordable housing provides below market prices on the
front end to help you purchase and has an appreciation cap on the resale end to maintain
the affordability for future buyers.
Benefits
Affordable housing is not for everyone but it's just right for some, here are some of the
advantages of purchasing an affordable home
• Lower purchase price
• Stability
• Consistent costs month to month
• Rate of return keeps up with inflation
• Mortgage interest deduction
• A place to call your own
Eligibility
Formal verification of income is required to purchase an affordable home. Below are the
applications that may be used to purchase at either Stapleton or Colorado Community
Land Trust (CCLT). Income limits are based on US Department of Housing and Urban
Development. A buyer’s annual household gross income, before tax, must fall at or
below the following 2008 income limits. These limits pertain to the Denver area and are
based on 80% of Area Median Income, program requirements may vary at other
developments.
One person $40,200 Two person $45,950
Three person $51,700 Four person $57,450
Application
Download the following forms using Adobe Reader. Print the forms and fill them out as
completely as possible and include all requested documentation. Your certification letter
will take 3-5 days from receipt of your application package. Certification means you are
eligible to purchase an affordable property. In conjunction with the application process
you must also contact a mortgage lender to qualify for a home loan.
Download these five files for your application packet.
1.Instructions for CCLT or Instructions for Stapleton
2.Application for CCLT or Application for Stapleton
3.Employment Verification Form
4.Authorization Form
5.Affidavit Form
Homebuyer Education Class - If you are a first-time buyer attending a homebuyer
education class is the best thing you can do to help yourself prepare for home
ownership. The class will assist you with everything from credit to closing. You’ll find a
schedule for classes offered throughout Colorado at www.colohfa.org or call CHFA at
303.297.7376.
More Information
Frequently asked questions
www.coloradohousingsearch.com
www.coloradohousingcounseling.org
The place you choose to live should be just that – a place you will enjoy living, near
work, schools and amenities. Ultimately you should have a choice…in today’s real estate
market that can be difficult. Affordable housing provides below market prices on the
front end to help you purchase and has an appreciation cap on the resale end to maintain
the affordability for future buyers.
Benefits
Affordable housing is not for everyone but it's just right for some, here are some of the
advantages of purchasing an affordable home
• Lower purchase price
• Stability
• Consistent costs month to month
• Rate of return keeps up with inflation
• Mortgage interest deduction
• A place to call your own
Eligibility
Formal verification of income is required to purchase an affordable home. Below are the
applications that may be used to purchase at either Stapleton or Colorado Community
Land Trust (CCLT). Income limits are based on US Department of Housing and Urban
Development. A buyer’s annual household gross income, before tax, must fall at or
below the following 2008 income limits. These limits pertain to the Denver area and are
based on 80% of Area Median Income, program requirements may vary at other
developments.
One person $40,200 Two person $45,950
Three person $51,700 Four person $57,450
Application
Download the following forms using Adobe Reader. Print the forms and fill them out as
completely as possible and include all requested documentation. Your certification letter
will take 3-5 days from receipt of your application package. Certification means you are
eligible to purchase an affordable property. In conjunction with the application process
you must also contact a mortgage lender to qualify for a home loan.
Download these five files for your application packet.
1.Instructions for CCLT or Instructions for Stapleton
2.Application for CCLT or Application for Stapleton
3.Employment Verification Form
4.Authorization Form
5.Affidavit Form
Homebuyer Education Class - If you are a first-time buyer attending a homebuyer
education class is the best thing you can do to help yourself prepare for home
ownership. The class will assist you with everything from credit to closing. You’ll find a
schedule for classes offered throughout Colorado at www.colohfa.org or call CHFA at
303.297.7376.
More Information
Frequently asked questions
www.coloradohousingsearch.com
www.coloradohousingcounseling.org
| Dakota Ridge Boulder, Colorado |
