Program began in March 1993
Buyers must meet adjusted income limits
Family of 4 Very Low Income $22,000Family of 4 Low Income $35,200 (HUD Guidelines)
Have good credit
Be approved for a USDA loan CPLC assists family toqualify for the loan
Attend the Housing Counseling Workshops
CHICANOS POR LA CAUSA
Nogales Self-Help
How Does It Work?
65% of the construction must be completed by the families(This is considered “Sweat Equity”).
CPLC provides the technical assistance for the constructionof the homes
35% of the Construction is done by Registered Contractors
Loan is under USDA (3 Bedroom home loan isapproximately $ 74,000).
Time of construction is 3.8 weeks per house.
Mortgage Payment is approximately $ 472 per month.
Other Subsidies include: Self-Help Ownership Program &Affordable Housing Program
Program develops positive community impact
Teaches maintenance and repair skills
Method for families to gain and retain assets
Program develops pride, security and family stability
The Results
