Loan Criteria — HoYO Program

Borrower Criteria

• HOYO lends money and/or works with individuals or families who are working with an area agency or some other social service agency.
• HOYO works with individuals with developmental disabilities (or families with a child with developmental disability).
• The individual or family must be low- or moderate-income to be eligible.

Criteria for the Proposed Activity

• Help an individual or family with low- and moderate-incomes (PDF) (per standards set by the Department of Housing and Urban Development).
• Have a long-term benefit to others with low- and moderate-incomes.
• Have a demonstrated source of income to repay the loan to the Loan Fund.
• Have community support, i.e., a connection to a local group or individual.
• Attract other resources to the purchase.

How to Apply:

• Contact Barbara Howard, HOYO Specialist, at 603-224-6669, ext. 222, bhoward@nhclf.org or Sharon Drake, Director, HOYO, at 603-224-6669, ext. 217, sdrake@nhclf.org.

• Typically, the potential homeowner’s support team meets first with HOYO staff. The support team is made up of people who surround and support the potential homeowner in daily life such as care providers, area agency staff, family, friends and neighbors.