To be eligible for assistance under the program, an applicant must:
(1) Be unable to keep mortgage or rental payments current, due to a loss of employment, and shall be at significant risk of eviction;
(2) Have his or her permanent residence located in an eligible community;
(3) If requesting emergency mortgage assistance, be the owner of an equitable interest in the permanent residence and intend to reside in the home being financed;
(4) Be actively seeking new employment or be enrolled in a training program approved by the director; and
(5) Submit an application for assistance to an organization eligible to receive funds under *RCW 43.63A.600.