City of Albuquerque Affordable Homeownership Assistance

City of Albuquerque Affordable Homeownership Assistance ist ein aufgeschobenes Nachrangdarlehen für Eigenheimkäufer in Albuquerque, New Mexico, verwaltet von City of Albuquerque, Department of Health, Housing & Homelessness (Community Development); delivered through nonprofit subrecipients (Homewise and Sawmill Community Land Trust). Since 2018 the City of Albuquerque has contracted annually with local nonprofits to provide down-payment assistance of up to $40,000 to low- and moderate-income homebuyers purchasing a home in Albuquerque. The program is funded with federal CDBG and HOME funds and the City's Workforce Housing Trust Fund through the City's Consolidated Plan / Annual Action Plan, and is delivered through nonprofit subrecipients Homewise and Sawmill Community Land Trust. The City has allocated roughly $1 million per year to the program; the PY2025 Action Plan budgets CDBG $1,279,000, CDBG Program Income $21,000, and HOME Program Income $100,000 to Affordable Homeownership Assistance. Down-payment assistance up to $40,000 for income-qualified buyers purchasing within the City of Albuquerque; paired with homebuyer education and counseling through the delivering nonprofits. Die Mittel stammen von U.S. HUD Community Development Block Grant (CDBG) and HOME Investment Partnerships funds, plus the City of Albuquerque Workforce Housing Trust Fund, administered through the City's Consolidated Plan / Annual Action Plan.

City of Albuquerque Affordable Homeownership Assistance bietet bis zu $40,000 Hilfe. Das Programm kann mit May be combined with first mortgages and other assistance offered by the delivering nonprofit (e.g., Homewise mortgage products) and potentially other DPA sources, subject to subrecipient and HUD rules. kombiniert werden. Die Beträge sind die vom Programm veröffentlichten Höchstbeträge, kein Angebot – City of Albuquerque, Department of Health, Housing & Homelessness (Community Development); delivered through nonprofit subrecipients (Homewise and Sawmill Community Land Trust) entscheidet über jede einzelne Förderung.

City of Albuquerque Affordable Homeownership Assistance ist aufgeschoben, es sind also keine Zahlungen fällig, bis die Immobilie verkauft oder refinanziert oder die erste Hypothek abbezahlt ist. Erlass- und Rückzahlungsbedingungen legt das Programm fest, und sie können sich ändern – prüfen Sie sie vor dem Antrag auf der offiziellen Programmseite.

City of Albuquerque Affordable Homeownership Assistance steht Eigenheimkäufer, die die Immobilie als Hauptwohnsitz bewohnen werden offen. Ein Kurs für Hauskäufer ist Pflicht, über Homewise; Sawmill Community Land Trust (HUD-certified homebuyer education). Wohnsitzanforderung: Property must be located within the City of Albuquerque. Program is administered by the City but delivered through nonprofit subrecipients (Homewise, Sawmill CLT); prospective buyers apply through those nonprofits, not directly to the City. The City's applicant-facing page does not publish detailed eligibility terms (income limits as a percentage/dollar, credit score, DTI, interest rate, lien position, loan term, forgiveness period, repayment trigger, fees); those are set by the delivering nonprofit and HUD CDBG/HOME rules and were left blank rather than guessed. The $40,000 maximum and ~$1M/year funding figures are from the City's affordable-housing documentation and Annual Action Plan. Assistance is subject to annual funding availability. first_time_homebuyer set false because the City program (unlike the SCLT product) is described as serving low/moderate-income homebuyers generally, not exclusively first-time buyers; confirm with the delivering nonprofit.

City of Albuquerque Affordable Homeownership Assistance legt seine Einkommensgrenze so fest: Targeted to low- and moderate-income homebuyers per HUD CDBG/HOME income limits for the Albuquerque area; specific percentage and dollar limits are set by the delivering nonprofit subrecipient and HUD limits and were not published on the City's applicant-facing page. Die Grenze gilt für das gesamte Haushaltseinkommen, nicht nur für das des Kreditnehmers. Die Werte für das Median-Einkommen der Region veröffentlicht HUD, und sie werden jährlich aktualisiert. Prüfen Sie daher die aktuelle Tabelle für das County, bevor Sie sich auf eine Zahl verlassen.

City of Albuquerque Affordable Homeownership Assistance kann genutzt werden für Single Family, Condo und Townhouse. Neubauten sind förderfähig. Fertighäuser (Manufactured Homes) sind nicht förderfähig.

City of Albuquerque Affordable Homeownership Assistance richtet sich an Eigenheimkäufer, die in Albuquerque, New Mexico kaufen.

Anträge für City of Albuquerque Affordable Homeownership Assistance laufen über City of Albuquerque, Department of Health, Housing & Homelessness (Community Development); delivered through nonprofit subrecipients (Homewise and Sawmill Community Land Trust), die die aktuellen Bedingungen und die Antragsschritte auf ihrer eigenen Website veröffentlicht. Mittel werden reserviert über Delivered by City-contracted nonprofit subrecipients. Prospective buyers contact Homewise (505-243-6566) or Sawmill Community Land Trust (505-764-0359) to apply; assistance is provided on a first-qualified basis subject to annual funding availability. Hey Prescott ist kein Kreditgeber und nimmt keine Anträge an. Diese Seite beschreibt das Programm, damit ein Eigenheimkäufer damit zu einem Kreditgeber oder einer Wohnberatung gehen kann.