Buying a home just got a lot easier with up to $15,000 in down payment assistance.
Individuals and families whose household income is up to 120 percent of the average in Pima County may qualify for the assistance to buy a home in an area generally south of 22nd Street (see the attached map).
A couple may qualify with household income as high as $58,000; a family of four, with up to $72,500.
Homebuyers must contribute a minimum of $1,000 of their own funds.
The assistance is available beginning Monday, Sept. 17, through the Pima Neighborhood Investment Partnership, a collaboration between Pima County, the City of Tucson and seven local nonprofits. Pima County received $22 million in federal stimulus funds in 2010 to make foreclosed and vacant homes in the target area energy efficient, available and affordable.
The down payment assistance program, administered by the nonprofit Community Investment Partnership, ends Nov. 30, 2012. Real estate agents can provide assistance in locating eligible properties.
For more information, please call 520-243-4663, visit www.pnip.org or contact one of these four participating housing counseling agencies:
Chicanos Por La Causa Inc.
Attn: Housing Counseling Department
2550 E. Fort Lowell Road
Tucson, AZ 85716
Family Housing Resources
1700 E. Fort Lowell Road, Ste. 101
Tucson, AZ 85719
Old Pueblo Community Services
4007 E. Paradise Falls, Ste. 125
Tucson, AZ 85712
Primavera Foundation Inc.
Housing Counseling Department
151 W. 40th St.
Tucson, AZ 85713