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Income Guidelines
Program participants must have equity in their home and meet the following income guidelines to qualify for the program.
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INCOME LIMITS
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ASSET LIMITS
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Household Size
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Max Annual Income
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1
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$40,900
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No investment property
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2
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$46,750
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$25,000 liquid
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3
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$52,600
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$200,000 non-liquid
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4
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$58,400
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$200,000 max equity
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How to Apply
Your first step is to contact at 360-690-4496 x 101 to schedule an appointment for an initial screening.
You will need the following documents:
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Copies of your most recent Federal and State income tax returns (including all schedules)
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Most recent W2's (wage and salary) and 1099's (misc., income received)
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Current homeowner insurance coverage policy
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Current property tax statement for all real property owned
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Current bank statements for all checking, savings, money markets, stocks, bonds, mutual funds, Treasury bills, certificates of deposits and any other liquid assets for all household members.
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Cash value of whole life insurance policies available before death of policy holder
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Last three months of pay-check stubs showing year-to-date amounts for all household members.*Note: If you are retired, disabled, or unemployed, please bring proof of your current income received from all sources.
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If self-employed, bring past tax returns for the last two years
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Social Security Annual Statement(s) (Form SSA-1099)
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Pension statement(s)
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Proof of child support and/or spousal support received
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proof of child support and/or spousal support paid
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Current mortgage statement for all mortgages for other liens on property
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A $25.00 check payable to CHRC for the cost of the credit report
For more information, please see the link below.
Additional Information
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