Eligibility

Heartfelt CLT serves very-low, low, and moderate income individuals who are looking to purchase a home in Boynton Beach, Delray Beach, or Boca Raton, Florida.  Income qualification is based on the taxable gross income of all adults who will be living in the household at the time of purchase, regardless of whether or not they will be on the mortgage.  The following numbers represent the target income ranges for individuals and families we serve.
 
Household Size
Very Low
(60% AMI and Below)
Low
(60% - 80% AMI)
Moderate
(80% - 120% AMI)
1 Less than $27,480 $27,480 - $36,639 $36,640 - $54,959
2 Less than $31,380 $31,380 - $41,839 $41,840 - $62,759
3 Less than $35,280 $35,280 - $47,039 $47,040 - $70,559
4 Less than $39,180 $39,180 - $52,239 $52,240 - $78,359
5 Less than $42,360 $42,360 - $56,479 $56,480 - $84,719
6 Less than $45,480 $45,480 - $60,639 $60,640- $90,959
7 Less than $48,600 $48,600 - $64,799  $64,800 - $97,199
8 Less than $51,720 $51,720 - $64,959   $64,960 - $103,439
 
*Income ranges are as of December 2013 and are subject to change.
In addition to meeting our income guidelines, prospective homebuyers must:
  • Be a first-time homebuyer or not have owned a home in the past 3 years
  • Have a satisfactory credit history with a minimal monthly debt obligation
  • Have steady, sufficient, and documented income for the past 2 years
  • Be a U.S. citizen or Permanent Resident
 
If you feel you meet our homebuyer criteria and would like to begin the home buying process, you may submit a pre-application.

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