Requirements of the Home

In order to be eligible for our First-Time Homebuyer Assistance Program, the home you are looking to purchase must meet the following requirements:
  1. The home must be a single family detached home, duplex, townhouse, condominium or manufactured home permanently affixed to buyer-owned land.
  2. The home must be located in unincorporated Arapahoe County or the cities of Centennial, Englewood, Glendale, Greenwood Village, Littleton, Sheridan or the Town of Deer Trail (Aurora has its own Homebuyer Program, call 303-739-7900).
  3. The home must be owner-occupied or vacant at the time an offer is made by the buyer, OR if the unit is tenant-occupied, the tenant must have been notified to vacate the home prior to the time a written offer is submitted. You are eligible to purchase the home you are currently renting.
  4. The purchase price cannot exceed 95% of the current FHA mortgage limit.
  5. The home to be purchased must be your principal residence.
  6. The home must pass a Housing Quality Standards (HQS) inspection. This inspection is required to ensure that your new home is safe and livable.