Homeownership
The fresh Homeownership program allows family members to use their Construction Choices Coupon to purchase a property. The fresh new homeownership choice is regularly let a family group remaining in a home purchased and belonging to no less than one people in your family. Children helped significantly less than this package need to be an existing new member in the Casing Options Discount program to have atleast 12 months.
The household need a gross annual earnings equal to the Federal minimum wage multiplied of the 2000, according to research by the earnings out of mature relatives who can individual the house. Spartanburg Houses ilies. Yet not, a family that suits the fresh federal minimum money demands (however the Spartanburg Housing’s requirements) might be considered to meet with the minimal income requirements in the event it is also show that it’s been pre-licensed or pre-acknowledged to own investment that is enough to buy an eligible equipment.