Pinal County HOME Homeownership / Down Payment Assistance Program

Pinal County HOME Homeownership / Down Payment Assistance Program es un préstamo condonable para compradores de vivienda en Condado de Pinal, Arizona, a cargo de Pinal County Office of Budget & Finance (Grants Division). Pinal County, a HUD-designated entitlement/urban county since 2019, uses HOME Investment Partnership Program funds for homeownership assistance. Direct assistance to income-eligible buyers can take the form of down payment/closing cost assistance, a subordinate second loan to lower the first mortgage to an affordable payment, or a HOME mortgage provided directly to the buyer; the County also funds developers that build/rehab affordable homes for sale. Direct homebuyer assistance is a non-interest-bearing Forgivable Deferred Payment Loan secured by a recorded deed of trust and forgiven over a 5-, 10-, or 15-year affordability period tied to the subsidy amount. All assisted households must be at or below 80% AMI and occupy the home as their principal residence. Los fondos provienen de HUD HOME Investment Partnerships Program (HOME) funds; Pinal County is a HUD Entitlement/Urban County (designated 2019).

Pinal County HOME Homeownership / Down Payment Assistance Program es un préstamo condonable, así que el saldo se perdona una vez que se cumplen las condiciones del programa. El reembolso se activa por Sale of the property, transfer/change of title, or failure to occupy as principal residence during the affordability period. Upon a triggering sale during the affordability period the County recaptures the entire direct subsidy, limited to available net proceeds. La ayuda se registra con un gravamen en posición Second (recorded Deed of Trust + Promissory Note behind the first-position mortgage). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Pinal County HOME Homeownership / Down Payment Assistance Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Requisito de residencia: Property must be located within Pinal County. Ciudadanía o situación migratoria: HOME program rules apply (assistance limited to eligible households per federal HOME requirements). Direct down payment assistance is available 'when the county has an active program' - availability depends on current funding cycles and the County's Annual Action Plan priorities. Minimum HOME investment $1,000/unit; maximum set by HUD (240% of Section 234 per-unit limits). Buyer must be evaluated for ability to afford the mortgage. Deed restriction recorded for the affordability period; County monitors residency and recaptures on resale/title change.

Pinal County HOME Homeownership / Down Payment Assistance Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Gross annual household income at or below 80% of Area Median Income (AMI). Uses Phoenix-Mesa-Scottsdale MSA HUD income limits, the 24 CFR Part 5 Annual Income definition, and the HUD CPD Income Eligibility Calculator. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Pinal County HOME Homeownership / Down Payment Assistance Program limita el precio de compra así: Purchase price may not exceed 95% of the area median purchase price for the applicable single-family housing type (HUD HOME Homeownership Value Limits, updated annually). Los tipos de propiedad elegibles incluyen Single Family, Condo, Manufactured y 2-4 Unit. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

Pinal County HOME Homeownership / Down Payment Assistance Program atiende a compradores de vivienda que compran en Condado de Pinal, Arizona.

Las solicitudes de Pinal County HOME Homeownership / Down Payment Assistance Program se tramitan a través de Pinal County Office of Budget & Finance (Grants Division), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.