Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program ist ein aufgeschobenes Nachrangdarlehen für Eigenheimkäufer in Statewide (all Virginia counties and independent cities) County, Virginia, verwaltet von Habitat for Humanity Virginia. Habitat for Humanity Virginia is a designated statewide administrator of the Virginia DHCD HOMEownership Down Payment & Closing Cost Assistance Program (federally funded by HUD HOME). It provides down payment and closing-cost assistance to income-eligible first-time homebuyers at or below 80% AMI across the entire Commonwealth, including buyers who are NOT purchasing a Habitat-built home. The DPA is a deferred, 0% second loan up to 10% of the sales price (up to 15% in DHCD-designated high-cost/economically depressed localities) plus up to $2,500 toward closing costs, to a maximum of $40,000, secured by a deed of trust for a 5- or 10-year affordability period and forgiven if the home remains the buyer's principal residence through the period. Because Habitat Virginia covers every Virginia locality on DHCD's provider list, it functions as the statewide backstop DPA provider in addition to regional nonprofit administrators. Statewide coverage including non-Habitat home purchases. Up to 10% of sales price (15% in high-cost areas) toward down payment. Up to $2,500 toward closing costs. Deferred 0% loan, fully forgiven after affordability period. Die Mittel stammen von U.S. HUD HOME Investment Partnerships Program, administered by Virginia DHCD.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program bietet zwischen $1,000 und $40,000 Hilfe. Förderstufen: Up to 10% of sales price for standard localities; up to 15% for DHCD-designated high-cost/chronically economically depressed localities. Eigenbeitrag des Eigenheimkäufers: Borrower must contribute 1% of the sales price from personal funds if income is 50%-80% AMI; if income is below 50% AMI, contribution is $500 (receipts required). Das Programm kann mit VIDA, ARS, Virginia Housing DPA, Virginia Housing SPARC, FHLB programs, USDA programs, Freddie Mac/Fannie Mae assistance, lender/employer/housing-authority programs kombiniert werden. Die Beträge sind die vom Programm veröffentlichten Höchstbeträge, kein Angebot – Habitat for Humanity Virginia entscheidet über jede einzelne Förderung.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program wird nach 5 Jahren erlassen, ein Eigenheimkäufer, der so lange bleibt, zahlt also nichts zurück. Die Rückzahlung wird ausgelöst durch Sale or transfer of title (voluntary or involuntary), or failure to occupy as principal residence, during the affordability period triggers recapture/repayment of the entire outstanding HOME investment from available net proceeds. Die Hilfe wird mit folgendem Rang eingetragen: Second (silent second / deferred loan behind first trust mortgage). Erlass- und Rückzahlungsbedingungen legt das Programm fest, und sie können sich ändern – prüfen Sie sie vor dem Antrag auf der offiziellen Programmseite.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program steht Erst-Hauskäufer und Eigenheimkäufer, die die Immobilie als Hauptwohnsitz bewohnen werden offen. „Erstmalig“ hat hier Ausnahmen: First-time homebuyer = never owned a home OR has not held primary ownership in a principal residence within the most recent 3-year period. Mobile homes titled as personal property and investment/inherited property not occupied as principal residence in the last 3 years still qualify the buyer as first-time. Zur Kreditwürdigkeit gibt das Programm an: Median FICO of 620 with at least 3 open, current trade lines (alternative credit considered with 3 trades) per DHCD HOME DPA Program Guidelines. Ein Kurs für Hauskäufer ist Pflicht, über HUD-certified homebuyer education through Virginia Housing, NeighborWorks, or a HUD-certified agency; one-on-one HUD-certified housing counseling required. Wohnsitzanforderung: Property must be in Virginia; Habitat Virginia covers all Virginia localities as the statewide DPA administrator. Loan TERM: deferred 0% second with 5-year affordability period for $1,000-$14,999 and 10-year for $15,000-$40,000; fully forgiven at end of term; not assumable. Statewide DPA administrator; assistance available even when the buyer is not purchasing a Habitat-built home. Buyer must complete HUD-certified homebuyer education/counseling, have 90-day minimum work history, pay off collections of $1,000+ and all judgments before closing, and hold cash assets below 10% of sales price. No cash back at closing. Contact for DPA is Gwen Christmas.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program begrenzt das Haushaltseinkommen auf 80 % des Median-Einkommens der Region, das je nach County und Haushaltsgröße variiert. Total household income at or below 80% of HUD Area Median Income for the locality and household size, per HUD's annually updated HOME income limits. Because coverage is statewide, the dollar limit varies by jurisdiction and household size; see DHCD 2025 HUD HOME Income Levels. (Unconfirmed: no single statewide dollar figure applies.). 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.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program begrenzt den Kaufpreis so: Home value may not exceed 95% of the area median sales price (HUD 203(b) limits), established annually by HUD per locality. Zu den förderfähigen Immobilienarten gehören Single-family detached (one unit), Duplex/Triplex/Fourplex (assisted unit individually sold and deeded, owner-occupied), Townhome, Condominium, Modular home und Manufactured home (post-June 15, 1976; permanent utility hookups; owned land or long-term lease). Neubauten sind förderfähig. Fertighäuser (Manufactured Homes) sind förderfähig.

Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program richtet sich an Eigenheimkäufer, die in Statewide (all Virginia counties and independent cities) County, Virginia kaufen.

Anträge für Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance Program laufen über Habitat for Humanity Virginia, die die aktuellen Bedingungen und die Antragsschritte auf ihrer eigenen Website veröffentlicht. Mittel werden reserviert über First come, first served; funds reserved only after lender pre-approval and DPA eligibility. Contact via DPA@habitatvirginia.org. 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.