How to Apply

Step One: Attend Homebuyer Education

∙ Attend a City Homeownership Orientation*

∙ Attend the Homebuyer Class offered by the county*

* Note: Attending Orientation and the Homebuyer class before applying is not mandatory, but it will provide a wealth of information and answer many of your questions regarding the program. You will be required to complete both of these classes prior to closing on a home. If you want to utilize the H20 down payment assistance loan then you must complete both the city orientation and the Homebuyer classes prior to going under contract on a home.

Step Two: Contact a Lender

Choose a lender, submit their required documents, and receive mortgage loan pre-approval. The city will require your pre-approval letter as part of your application.

Step Three: Submit an Application

∙ Complete the Income Certification Application. For a list of the required documents click here. Be sure to fill out the application as completely as possible. You will need to attach all required documentation requested on the application. The application can be obtained at our office, by downloading an application, or by phoning friendly staff at 303-441-3157, ext. 2 to have one mailed.

∙ When you have gathered all of your documents and completed and signed the application, send it or bring it to our office at 1300 Canyon Boulevard. If anything is missing from your application, you will be contacted. Staff cannot process an application until all documents have been provided.

∙  You will be notified within two weeks of the city receiving all requierd documents of application approval.

* Note: The City of Boulder Homeownership Programs uses the Boulder County Homeownership Programs Common Application. By completing this one application, you may apply to all of the following Boulder County homeownership programs: City of Boulder, Thistle Communities, City of Longmont Community Housing and Boulder County/Longmont Down Payment Assistance Program.

Step Four: Shop for a Home

∙  If you qualify for the Homeworks program then look at our Homes for Sale page for a list of homes currently available. If you qualify for H2O and are buying a home on the open market then work with your Realtor to find the home that you would like to purchase.

∙  Once your application has been approved you will be added to our referral list and will receive emails about newly listed Homeworks properties. If you do not have an email address then check the website regularly for newly listed properties.

∙  If a lottery date is listed for a Homeworks home then click here for details about the lottery process, and to enter.

∙  Contact the owner/realtor of the home(s) you are interested in for additional information or visit the sales office for any homes that are being built in new developments.

Step Five: After You Apply

∙  Your preliminary certification is valid for six months or until you have a signed contract to buy a property.

∙  Once you have a signed contract to buy a home, you will receive a “final certification” letter and a copy of the Permanently Affordable Housing Covenant for that home.

∙  After you have received a final certification letter you are eligible to purchase your home. At your closing, you will be asked to sign documents prepared by the City of Boulder, including the Covenant. To prepare you for closing you will meet with a City of Boulder Homeownership staff member approximately one week before your closing to review the City's documents.

Last Updated on Tuesday, 16 April 2013 10:27