Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County)

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) is a deferred second loan for homebuyers in Sheboygan, Wisconsin, administered by Partners for Community Development, Inc. Through American Rescue Plan Act (ARPA) funding, Partners for Community Development offers limited-time down payment and closing cost assistance to homebuyers in Sheboygan County with gross household income between 80% and 150% of County Median Income. Assistance is a 0% interest deferred loan secured by a property lien, repaid when the home is sold or is no longer the borrower primary residence. ARPA funds are limited and available until expended. 0% interest deferred loan. No monthly payment. Serves moderate/above-moderate income buyers (80-150% CMI). Repaid only on sale or when no longer primary residence. Funding comes from American Rescue Plan Act (ARPA).

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Repaid when the home is sold or is no longer the borrower primary residence. The assistance is recorded in Subordinate position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through HUD-approved homebuyer education and counseling course. Limited-time; ARPA funds available until expended. Must have secured mortgage financing. First-time homebuyer status NOT required for this 80-150% tier. GAPS (not published): assistance amount/min/max, max purchase price for this tier, min credit score.

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) limits household income to $142,200. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) can be used for Single Family.

Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) serves homebuyers purchasing in Sheboygan, Wisconsin.

Applications for Partners for Community Development ARPA Down Payment Assistance (80-150% CMI, Sheboygan County) go through Partners for Community Development, Inc., which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.