City of Scranton's Homebuyers Program
United Neighborhood Centers of Northeastern PA is proud to become the sub-recipient for the City of Scranton’s Homebuyers program. The City of Scranton’s Homebuyers Program is funded through the HOME Program. Not only does the Homebuyers Program help qualified buyers purchase homes by providing a subsidy of up to l/2 of the down payment (maximum match dollar to dollar not to exceed $7,000) or 10% of the purchase price of the home, whichever is less, using HOME funds and all eligible closing costs up to $5,000 maximum, it also stimulates the economy by creating jobs, thereby contributing to wages and enhancing local tax bases. Financial assistance for this program is federally funded. The federal government sets certain and/or approves certain requirements of the program. These requirements include maximum purchase prices, income limits, homebuyer requirements, and resale conditions.
To obtain financial assistance, your annual gross household income must not exceed the 2007 limits shown below:
| Household Size | Income Limit |
|---|---|
| 1 Person | $30,650 |
| 2 Person | $35,000 |
| 3 Person | $39,400 |
| 4 Person | $43,750 |
| 5 Person | $46,350 |
| 6 Person | $47,250 |
| 7 Person | $50,750 |
| 8 Person | $57,750 |
Household income is the total anticipated gross annual income for the next twelve months, of all persons who will be living in the household. This calculation is based on household income as of the date of application, and does not include income received by full-time students in excess of $480, unless the full-time student is the applicant purchasing the home. Please note you must meet the eligibility limits on the chart above, on the day of the closing or the day of occupancy, which ever is later.
To download the the cover sheet, click HERE. To download the application - click HERE.
For more information, contact Coordinator of Homebuyers Program Jill Moyle at (570) 343-8835 Ext. 112.