What are the eligibility requirements?

  • You must attend one First Time Homebuyers workshop held by Lawrence Community Housing Trust.
  • Applicants must meet the following requirements:
    • Have a credit score of 680 or higher
    • Meet income guidelines at or below 80% of Lawrence median income
    • No bankruptcies in the last 2 years
    • Good bill pay within the last 2 years
    • Need to attend one of the Home-buyers workshops; Saturday,  September 21 or November 09, 2019.
  • Homes must be owner-occupied. LCHT does not subsidize landlords.
  • You must be able to qualify for a home loan from a LCHT lender. This means you must have stable verifiable income, good credit and a low debt-to-income ratio. If you have questions about qualifying for a loan, please contact us at 842-5494.
  • Your total gross family income must not exceed the following 2018 income limits.
Family Size * 80% of Median
1 $45,850
2 $52,400
3 $58,950
4 $65,500
5 $70,750
6 $76,000
   

*LCHT measures a family as the number of people who will be living in the house.