ARCH

Community Housing Trust / Affordable Housing

What’s available? How to qualify?

To find out more about ARCH Community Housing Trust and the Affordable Housing options, please review the ARCH website (below).

ARCH uses multiple federal programs to finance our homes, each program targets a different income category. Sometimes there are two identical units financed with different programs and as a result, the allowable income and rent is different for identical units. Additionally allowable incomes are a function of household size.

As of July 1, 2020 the maximum allowable annual income:

Household Size 30% AMI 50% AMI 60% AMI 80% AMI 100% AMI 120% AMI
1  $16,450  $27,450  $32,940  $43,900  $54,875  $65,850
2  $18,800  $31,400  $37,680  $50,200  $62,750  $75,300
3  $21,150  $35,300  $42,360  $56,450  $70,563  $84,675
4  $23,500  $39,200  $47,040  $62,700  $78,375  $94,050
5  $25,400  $42,350  $50,820  $67,750  $84,688  $101,625

 

We are taking names for the Countryside Homes under construction. There will be homes built at Quigley Farms, and there are occasionally other resale opportunities, so it is a good idea to get on the list early. The date of your application establishes your priority.

To be placed on the waiting list, please email your prequalification letter stating that you qualify for a loan , as well as the ARCH application which you can download at: https://www.thehousingcompany.org/documents/arch-community-housing-application.pdf

Please send to me via email.