*First-Time Homebuyer Requirement
This Program is Limited to First-Time Homebuyers only as described below:
• A household that has not owned a home during the three-year period immediately prior to the date of lottery application is considered to be a first-time homebuyer.
• Applicants may own vacant land or a vacation timeshare provided that they have not received the benefits of the mortgage interest deduction and/or property tax deduction during the prior three years from date of application for assistance.
This housing development allows Veterans to have a preference in the lottery.