The home must be the primary residence of the client. The City of Cape Coral will check the property’s homestead status through the Lee County Property Appraiser on an annual basis.
Households must meet income guidelines. These limits are based on the income and assets of all adults living in the household regardless of relationship and are adjusted annually.
All adult household members must pass a criminal background check.
Homeowner(s) must have legal right to reside permanently in the United States.
The home value may not exceed HUD’s maximum price of an existing home (LEEPA value).
Mortgage payment must be current.
Property taxes must be current.
The homeowner(s) must not have a reverse mortgage.
The homeowner(s) must provide proof of homeowner’s insurance and flood insurance (if applicable).
Encumbrances on the property must not exceed the value of the property.
Homeowner must NOT have any unpaid property tax lien, IRS lien or judgement of any kind.
Please be advised that this does not include all requirements for this program, and it is subject to change at any time at the direction of program administrators.
Take the first step by completing the Contact Form: