Priority Measure for Home Purchase or Rental Agreement

Qualifies for a mortgage and down payment assistance or rental agreement and meets the income requirements for the property in question.

Priority Description Points Qualifies for a mortgage and down payment assistance or rental agreement and meets the income requirements for the property in question Minimum qualification (This is the base level for consideration. Rankings depend on the following levels below with other considerations such as time of application and completing counseling requirements with Prosperity Unlimited).

50

Priority 1

Lives in the neighborhood of sale or rental and employed in Concord or the City of Concord or non-employment benefits such as receiving disability or other senior benefits.

50 (Total: 100/100 Points)

Priority 2

Lives in the Census track or Concord and employed in Concord or the City of Concord or non-employment benefits such as receiving disability or other senior benefits.

45 (Total: 95/100 Points)

Priority 3a

Lives in a neighborhood of Concord and is employed outside of Concord.

40 (Total: 90/100 Points)

Priority 3b

Works in Concord or the City of Concord and lives outside of Concord.

40 (Total: 90/100 Points)

Priority 3c

A “legacy resident” that grew up in a neighborhood within the Census Track or Concord and desired to return to their former neighborhood Priority 4 A resident of Cabarrus.

40 (Total: 90/100 Points)

Priority 4

A resident of Cabarrus County

35 (Total: 85/100 Points)

Priority 5

A resident in the Metro Region

30 (Total: 80/100 Points)

Priority 6

A United States resident

25 (Total: 75/100 Points)