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AFFORDABLE HOMES FOR SALE

FOR QUALIFIYING HOUSEHOLDS

Although home prices in Lake County are high, you may qualify to buy a Chaffee Housing Trust home based on your pre-tax income and household size (number of people living in your home, regardless of family relation). To qualify, you must earn less than 100% of Area Median Income (AMI), as listed below:

INCOME LIMITS FOR 2023  100% of Area Median Income (AMI)

Household

1-person

2-person

3-person

4-person

5-person

6-person

Max Income Lake 

$60,900

$69,600

$78,300

$87,000

$94,000

$101,000

For example, if you are married with one child, or single with two kids, you are a 3-person household. 

If the total annual earnings before taxes of everyone in your household combined is less than $78,300 then you qualify as a household hearing less than 100% of AMI.

Learn more today

The first step is to give us a call at (719) 239-1579 or shoot us an email to claudia@chaffeehousing.org. We can determine your eligibility and discuss the next steps.

If you earn more than the 100% AMI listed above, there are loan programs available that do not require a down payment. Contact us today to discuss your situation. 

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