Homebuyer Assistance Program

The Redevelopment Authority of the County of Washington has established the Homebuyer Assistance Program to assist first-time homebuyers in attaining their goal of home ownership by providing financial assistance for the purchase and rehabilitation of eligible housing units.

Contact RACW’s Home Improvement Department at 724-228-6875.

Basic Eligibility Requirements:

  1. Annual household income must not exceed 80% of the Median Family income for the Pittsburgh MSA as determined by HUD and adjusted based on family size. Note:  Income limits are subject to change.
    • Family of 1 – $44,750

    • Family of 2 – $51,150

    • Family of 3 – $57,550

    • Family of 4 – $63,900

    • Family of 5 – $69,050

    • Family of 6 – $74,150

  2. The first- time homebuyer must not have owned a housing unit within the past 3 years unless she/he is a displaced homemaker.
  3. Homebuyers must have the financial capability to provide cash payment of 3% of the purchase price of the housing unit for the purchase.
  4. Moderate income homebuyers must have the financial capability to obtain an 80% mortgage from a participating lending institution.
  5. Low income homebuyers must have the financial capability to obtain a 71% loan from a participating lending institution.
  6. Homebuyers must successfully complete the Pre-purchase counseling class.
  7. House Purchased must be occupied as the primary residence and the value after rehabilitation mus not exceed $152,000.

All eligibility requirements must be met for participation.  This includes requirements not listed above but included in the H.A.P. guidelines.

What to expect: 

Once we receive your pre-application, we will send you a letter stating that we have received your pre-application and that you have been placed on our waiting list.

When funding becomes available, a Rehabilitation Specialist will contact you to start processing your application.

 

Countywide Homebuyer Assistance Program Documents