The Neighbor Project Closing the Gap Homeownership Grant

The Neighbor Project Closing the Gap Homeownership Grant es una subvención para compradores de vivienda en Aurora, Illinois, a cargo de The Neighbor Project (NeighborWorks chartered member, HUD-approved housing counseling agency) / Community Foundation of the Fox River Valley (fund administrator). The Neighbor Project's Closing the Gap grant provides $3,000-$7,000 in down payment assistance for Black/African American and minority homebuyers in the Aurora, Illinois area, administered through the Community Foundation of the Fox River Valley. Grant amount scales with duration of one-on-one HUD-certified counseling. Designed to be bundled with FHLBank DPP and bank partner DPA for total ~$18,000-$24,000. TNP is a NeighborWorks chartered member and 2024 MacKenzie Scott awardee. Prerequisite: complete Homebuyer Education certificate through TNP's HUD-approved program. Grant — no repayment required. $3,000-$7,000 directly from TNP. Bundled DPA package up to $24,000 total. HUD-certified counseling included. NeighborWorks chartered member. Bilingual services available. Los fondos provienen de Community Foundation of the Fox River Valley — The Neighbor Project Closing the Gap Fund; private donations; Neighbor Project matching funds; MacKenzie Scott 2024 grant.

The Neighbor Project Closing the Gap Homeownership Grant ofrece entre $3,000 y $7,000 de ayuda, según el nivel de ayuda en el que califique el comprador de vivienda. Niveles de ayuda: $3,000 for 3-9 months counseling; $5,000 for 9-18 months counseling; $7,000 for 18-36 months counseling with TNP counselor. Aporte del comprador de vivienda: Breakthrough Rental program provides 12 months of affordable rent savings returned as down payment savings; counseling participation is key requirement. El programa se puede combinar con FHLBank Chicago DPP (up to $10,000); bank partner DPA/closing cost grants ($5,000-$7,000); Choose Aurora city DPA; IHDA programs. Los montos son los máximos publicados por el programa, no una oferta: The Neighbor Project (NeighborWorks chartered member, HUD-approved housing counseling agency) / Community Foundation of the Fox River Valley (fund administrator) determina cualquier ayuda individual.

The Neighbor Project Closing the Gap Homeownership Grant está estructurado como una subvención, así que no se devuelve. El reembolso se activa por Grant — no repayment required. La ayuda se registra con un gravamen en posición None (grant, no lien). 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.

The Neighbor Project Closing the Gap Homeownership Grant está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Program targets renters working toward first homeownership. Sobre el crédito, el programa indica: Credit improvement is part of TNP counseling process; no stated minimum to begin counseling. Lender requirements apply for first mortgage. Se requiere un curso de educación para compradores de vivienda, a través de The Neighbor Project HUD-approved Housing Counseling and Education program (one-on-one with HUD-certified counselor); Homebuyer Education certificate required to access grant. Requisito de residencia: Aurora, Illinois area (Kane County); program addresses Aurora community racial homeownership gap. Must self-identify as Black/African American or minority homebuyer. Must complete Homebuyer Education certificate through The Neighbor Project HUD-approved program. Grant amount determined by length of counseling relationship. Successor org formed by merger of Joseph Corporation and Emmanuel House. Separate from Choose Aurora city DPA program.

The Neighbor Project Closing the Gap Homeownership Grant limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. 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.

The Neighbor Project Closing the Gap Homeownership Grant limita el precio de compra así: Not stated; Aurora area market. Los tipos de propiedad elegibles incluyen single-family, condominium y townhome. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

The Neighbor Project Closing the Gap Homeownership Grant atiende a compradores de vivienda que compran en Aurora, Illinois. El programa se dirige a áreas específicas: Aurora, Illinois (Kane County). Program specifically addresses the Black/White homeownership gap in Aurora.

Las solicitudes de The Neighbor Project Closing the Gap Homeownership Grant se tramitan a través de The Neighbor Project (NeighborWorks chartered member, HUD-approved housing counseling agency) / Community Foundation of the Fox River Valley (fund administrator), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de One-on-one counseling through The Neighbor Project HUD-approved Homebuyer Education program; grant identified and bundled during counseling process. 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.