Posted Feb 21, 2012, 6:07 pm
Pima County residents who believe they cannot afford to purchase a home may be surprised by what is actually required.
The Pima County Community Land Trust will offer prospective buyers information about its Affordable Homeownership Program at 6 p.m. Wednesday at the Pima County Housing Center, 801 W. Congress.
The Trust can help home buyers obtain a home for as little as $1,500 out-of-pocket, even if they earn half the median income, said Diane Luber, a spokeswoman for the county.
The program also can help with financial assistance that can reduce a home's mortgage to 80 percent of the home's appraised value, and help homeowners to contain costs, including utilities, to 35 percent or less of their gross monthly income, Luber said.
The Community Land Trust will be giving an open house tour of available homes Saturday. For more information about the seminar or the open house, call 837-5340 or visit the Pima Community Land Trust website.
For more information on the Pima County Community Land Trust, call 624-2947 or stop by the Pima County Housing Center.
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