❖ IMPORTANT. Applicant and/or household member determined to have
circumvented the rules of homeownership shall be automatically
disqualified from participating in the project and future projects.
4. Prior Purchase of Affordable Property
o Complete supplemental form, Acknowledgment of Prior Purchase of
Affordable Property; and attach copy of requested supporting document(s)
as indicated on the form.
F. *Preference Determination – prior to Public Drawing only; New Projects Only
(Application - Section F)
*If applicable, provide request for preference of Applicant’s application.
Applicants need only request for one (1) of the following. Multiple requests or
approvals constitute only one request. HHFDC will approve or disapprove preference
in its sole discretion.
1. Public Housing & State Subsidized Rental Housing Preference
o Complete supplemental form, Request for Preference; and attach copy of
requested supporting document(s) as indicated on the form, such as a copy
of your rental agreement and certificate of occupancy from HPHA or
HHFDC.
2. Displacement Preference
o Complete supplemental form, Request for Preference; and attach copy of
requested supporting document(s) as indicated on the form, such as a
certified displacement letter from the respective government agency.
G. Household Member’s Signed Declaration & Acknowledgement of Eligibility
1. Household member and Spouse, if any, must sign in ink- original signature
required. No electronic signatures allowed.
H. HHFDC Household Income
(+)
Eligibility Worksheet.
(+)
Income is primarily defined as “money received, especially on a regular basis,
for work or through investments; and shall also include money received from
sources as follows and listed on the HHFDC Household Income Worksheet. Refer
to Appendix 1 of the Information Packet for further explanation. All persons 18
years & older living or intended to live in the purchased unit must disclose all
income, if any. If unemployed or not receiving income, must state $0 and sign.
HHFDC, in its sole and absolute discretion, shall determine TOTAL
HOUSEHOLD INCOME as the sum of the gross monthly income received
from all household members, 18 years and older, from income generating
sources such as, the primary job before taxes, or a compilation of various part-
time jobs comprising 40 hours per week, tips, cost of living allowance (COLA),
basic allowance for housing (BAH), dividends, interest, royalties, pensions or
annuity distribution, Veterans Administration (VA) compensation, net rental
income, business income & investments, alimony, child support, social security
benefits, public assistance, unemployment compensation, sick pay, income from
trusts, distribution from deferred compensation plan, and other income from
sources such as welfare benefits, workers compensation, aid to families with
dependent children, tax-exempt interest income. HHFDC DOES NOT
INCLUDE overtime income, bonuses and other income from part-time
employment if in addition to a primary job; but will include if part of primary job
(i.e. retail or auto sales or service (waiter) industry.
1. Employment Income – for all household members 18 years and older:
o (R) Submit copies of employment pay statements dated within 1-2 months of the
signed application date
as follows:
•
1-month pay statements and complete supplemental form, Verification of
Employment (VOE); or
•
2-month pay statements, if no VOE form