Eligibility Requirements for Eligible Participants: Eligible participants must be a US resident age 18 or older and be at least 18 years of age at the time the application is submitted. Eligibility is based on income levels. Additional Eligibility Factors: Eligible participants must be at least 18 years of age and must be financially stable. Each eligible participant is subject to a minimum home purchase cost of 25,000 and a maximum home purchase cost of 100,000. Participation: Eligible participants who are financially stable are eligible to participate in the SHOP Program. Homeownership Opportunities, Inc. is an all-volunteer organization. The SHOP Program is open only to participants in a state of emergency and to current, self-employed and job-seeking homeowners. Eligibility requirements are based on whether a participant is a participant in the Federal Homeownership and Equity Protection Program (HEP). Application Eligibility Information: Applicant should have a permanent mailing address and should be able to provide proof of current address. Applicant's federal, state, and local tax identification numbers (Social Security numbers) will be checked against the National File and will be checked against a prior year's Federal Homeownership and Equity Protection List. For verification purposes, the applicant must provide a letter from the IRS, IRS-NFS, the Virginia State Treasurer, or the local Virginia State Tax Collector affirming that all requirements for listing on the Federal List have been met and that the Applicant has met all other applicable eligibility requirements. The applicant should obtain a valid and current Virginia Driver's License or Virginia identification card which shows the Applicant's permanent mailing address. If a resident does not already have a valid Virginia Driver's License or Virginia identification card, the applicant should obtain prior to completing the SHOP Program application an annual Virginia State driver's license, identification card, Virginia vehicle registration, or Virginia school enrollment card from their local DMV office. The applicant should include, in their application for eligibility, the current and prior year Federal Deposit Insurance Corporation (FDIC) and/or State unemployment insurance claims. For a list of available insurance, please call the Virginia State Department of Revenue/Office of Insurance and Financial Services at (during normal business hours).
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Verde Jan2003 10:57 Apr 23, 2003 Jet 200001 PO 00000 FRM 00445 FMT 4701 FMT 4725 C: 25APN2.SGM 25APN2 21445 EN25AP03.236 Federal Register / Vol. 68, No. 80 / Friday, April 25, 2003 / Notices Verde
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