Limited Income Mortgages Altered
The Energy Office has altered its home mortgages for low-income Nebraskans. Families whose incomes do not exceed 150 percent of the federal poverty level can install energy saving improvements in homes they will be purchasing without markedly increasing monthly mortgage payments.
The key change is a requirement that each home receive a Home Energy Rating System, or HERS, audit.
A second change is the Energy Office will purchase 20 percent of the mortgage if:
Maximum Income 1
$42,975 Each Additional Member Add $
Households containing a member receiving either Aid to Dependent Children or Supplemental Security Income are automatically eligible for Limited Income Mortgages.
Please contact Pete Davis in the Energy Office, email at email@example.com, if you would like additional information on these types of mortgages.
Return to the Spring 2000 Newsletter