Crit­i­cal Work­force Mort­gage Pro­gram seeks ap­pli­cants

Record Observer - - News -

CENTREVILLE — The Queen Anne’s County Di­vi­sion of Hous­ing and Com­mu­nity Ser­vices is pleased to an­nounce the re-open­ing of the Crit­i­cal Work­force Pro­gram for mod­er­ate-in­come home­buy­ers in the county be­gin­ning Nov. 14. There are cur­rently five open­ings for in­di­vid­u­als that qual­ify for the Crit­i­cal Work­force Mort­gage Pro­gram.

Ap­pli­cants must be in­come el­i­gi­ble and em­ployed in law en­force­ment, pub­lic safety, ed­u­ca­tion, lo­cal gov­ern­ment or serve as an ac­tive vol­un­teer fire­fighter.

An­nual in­come el­i­gi­bil­ity is as fol­lows: one per­son, $46,000; two per­sons, $52,600; three per­sons, $59,150; four per­sons, $65,700; five per­sons, $71,000; six per­sons, $76,250; seven per­sons, $81,500; and eight per­sons, $86,750.

Other re­quire­ments for el­i­gi­bil­ity are as fol­lows: an in­di­vid­ual or fam­ily may not cur­rently own a home or have owned a home in the last five years; an in­di­vid­ual or a fam­ily must have a good credit rat­ing, steady em­ploy­ment, and the home must be af­ford­able to their in­come; el­i­gi­ble per­sons must be able to ob­tain a pre-qual­i­fi­ca­tion let­ter from a lend­ing in­sti­tu­tion for an amount not less than the pur­chase price of the home mi­nus the sec­ond mort­gage fi­nanc­ing, and must re­main in­come el­i­gi­ble up to the time their mort­gage loan is sub­mit­ted for un­der­writ­ing—a co-signer or guar­an­tor is per­mit­ted with re­spect to the pri­mary fi­nanc­ing pro­vided such per­son co-sign or guar­an­tee the CWF loan; and each el­i­gi­ble per­son must com­plete home­own­er­ship coun­sel­ing.

Qual­i­fied ap­pli­cants must be work­ing in the county full time in their field and be paid by county or mu­nic­i­pal gov­ern­ment. Jobs may in­clude but are not limited to: law en­force­ment of­fi­cers, de­ten­tion cen­ter em­ploy­ees, ac­tive vol­un­teer fire­fight­ers who have served for at least 12 months and have been ver­i­fied by the pres­i­dent or chair­man of the vol­un­teer chief’s as­so­ci­a­tion, emer­gency med­i­cal tech­ni­cians, paramedics and teach­ers.

Loans are not guar­an­teed, but granted based upon re­ceipt of a signed cer­tifi­cate on would re­ceive once their ap­pli­ca­tion packet is turned in and the can­di­date qual­i­fies. Cer­tifi­cates will be awarded in the or­der that ap­pli­cants are re­ceive and pro­cessed. Cer­ti­fied ap­pli­cants have 90 days to se­cure a con­tract on a home. The loan must be used to pur­chase the em­ployee’s pri­mary res­i­dence. When all five loans have been awarded, the county will not keep a run­ning wait­ing list, but en­cour­age in­ter­ested ap­pli­cants to hold onto their ap­pli­ca­tion pack­ets for the next op­por­tu­nity.

For more in­for­ma­tion, and to ob­tain an ap­pli­ca­tion, con­tact Brit­tany Brady, Hous­ing Pro­gram Ad­min­is­tra­tor, at 410-758-3977, ext. 2070, or visit www.qa­c­hous­ing.org and click on the Crit­i­cal Work­force link on the left.

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