Housing Assistance
HOPE Revolving Loan Fund
This program is temporarily suspended. Check back later for updates.
- Through the Boone, Baxter, Marion, Newton Continuum of Care. Therefore only individuals in Baxter, Boone, Marion and Newton counties are eligible.
- Loan is for homeless individuals to obtain housing.
- This loan can pay security deposits, rent and utility deposits (water, gas and electricity).
- Loan amount goes directly to the vendor; landlord and/or utility company.
- Loan must be repaid within a year.
- Income guidelines are county specific, 80% area median income; see chart.
| 80 % AREA MEDIAN INCOME | ||||||||
| Baxter | Household Size | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| Month* | $2,275 | $2,600 | $2,925 | $3,245 | $3,508 | $3,766 | $4,025 | $4,287 |
| Annual | $27,300 | $31,200 | $35,100 | $38,950 | $42,100 | $45,200 | $48,300 | $51,450 |
| Boone | Household Size | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| Month* | $2,279 | $2,604 | $2,929 | $3,254 | $3,516 | $3,775 | $4,037 | $4,295 |
| Annual | $27,350 | $31,250 | $35,150 | $39,050 | $42,200 | $45,300 | $48,450 | $51,550 |
| Marion, Newton | Household Size | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| Month* | $2,250 | $2,570 | $2,891 | $3,212 | $3,470 | $3,729 | $3,987 | $4,241 |
| Annual | $27,000 | $30,850 | $34,700 | $38,550 | $41,650 | $44,750 | $47,850 | $50,900 |
| Last Updated 5/24/2019 | ||||||||