Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS)

What is Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS)?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) is down payment assistance for homebuyers in Santa Fe, New Mexico, administered by The Santa Fe Community Housing Trust.

• The Santa Fe Community Housing Trust offers a specialized first-time homebuyer assistance initiative for individuals living with HIV/AIDS, funded by the federal HOPWA (Housing Opportunities for Persons With AIDS) grant. The program helps income-eligible members of this community achieve homeownership, with eligibility requiring household income below 80% of area median income. It is distinct from the Trust's general Mortgage Reduction Assistance program and targets a special population.
• Down payment assistance for first-time homebuyers living with HIV/AIDS.
• HUD-certified housing counseling.
• Targeted support for a special population.
• This is a federal program, so it is available beyond a single state or city.
• Funding comes from Federal HOPWA (Housing Opportunities for Persons With AIDS) grant, administered by The Santa Fe Community Housing Trust.

Do you have to pay it back?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) is down payment assistance and is repaid under the terms set by The Santa Fe Community Housing Trust.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) limits household income to 80% of the area median income, which varies by county and household size.

• Household income must fall below 80% of area median income. Specific dollar limits by household size are not published on the program page.
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) can be used for Single Family, Condo, and Townhouse.

Is there eligibility for specific groups?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) names buyers with disabilities among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) is a federal program, so it is not limited to New Mexico.

How do you apply?

Applications for Santa Fe Community Housing Trust HOPWA Homebuyer Initiative (HIV/AIDS) go through The Santa Fe Community Housing Trust, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through The Santa Fe Community Housing Trust (HUD-certified counseling; monthly homebuyer training classes).

2. 2

   Contact The Santa Fe Community Housing Trust to reserve funds

   Funds are reserved through Contact the Housing Trust to discuss eligibility and apply (Yvonne Madrid, 505-989-3960), and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.