1.  Is HouseHartford assistance available to buy homes outside of Hartford?
No, HouseHartford is a City of Hartford program providing assistance to citizens that want to purchase a home within the City of Hartford.

2.  Is HouseHartford available to Hartford residents only?
No, residents from other towns can apply for assistance to purchase a home in Hartford.

3.  What types of properties are eligible for assistance?
One-four (1-4) family homes and condominium units.

4.  Who can apply?
Generally speaking, low & moderate income potential homebuyers can apply.

5.  What is the maximum amount of homebuyer assistance that I could receive?
Depending on buyer’s total annual household income, the program maximum is $14,999.

6.  Do I have to use my own funds on the home that you are purchasing?
No, applicants are not required to put money down.

7.  Are HouseHartford funds provided as a grant?
No, funds are loaned to buyers and are secured by a 2^nd mortgage lien on the property.  Loans are forgiven at the rate of 20% per year if you maintain the property as your primary residence.

8.  Can investor landlords apply for assistance through this program?
No, buyers must maintain the property as their primary residence for a full five (5) year affordability period.

9.  Are there any other special eligibility requirements?
Yes, applicants must successfully complete an 8-Hour Homebuyer Education Class.

10.  How do I apply for HouseHartford assistance?
Contact one of the program’s participating lenders.  HouseHartford lenders accept your application for assistance, in addition to facilitating your loan closing.

For more information regarding HouseHartford and participating lenders contact Brian Mathews at 757-9031 or Owen J. Humphries, Jr. at 757-9035.