City of Falls Church Affordable Homeownership Program (CFCAHP)

City of Falls Church Affordable Homeownership Program (CFCAHP) es un préstamo de plusvalía compartida para compradores de vivienda en Falls Church, Virginia, a cargo de The NHP Foundation (NHPF) and City of Falls Church Housing & Human Services Department (HHS). The City of Falls Church Affordable Homeownership Program (CFCAHP) helps income-qualified first-time homebuyers purchase homes in the City of Falls Church at a reduced price. NHPF acquires market-rate homes, rehabs them, and resells them at a written-down price (up to ~$170,000 below market) to buyers earning 50%-120% of AMI. The price reduction (subsidy) is sized between $50,000 and $150,000 based on AMI, and is a forgivable grant subject to a 99-year affordability covenant with shared-appreciation recapture on resale. Below-market purchase price (subsidy $50,000-$150,000); access to Virginia Housing DPA/closing-cost grants and SPARC; energy-efficiency rehab; long-term affordability protections. Los fondos provienen de Virginia Housing REACH program grant + City of Falls Church funds.

City of Falls Church Affordable Homeownership Program (CFCAHP) ofrece entre $50,000 y $150,000 de ayuda. Aporte del comprador de vivienda: Applicant must have a minimum of 1% of the sales price documented and available toward closing costs/prepaid items or reserves. El programa se puede combinar con Virginia Housing SPARC, Down Payment Assistance Grant, Closing Cost Assistance Grant, Plus Second Mortgage; DHCD HOMEownership DPA; Virginia Individual Development Accounts (VIDA). Los montos son los máximos publicados por el programa, no una oferta: The NHP Foundation (NHPF) and City of Falls Church Housing & Human Services Department (HHS) determina cualquier ayuda individual.

City of Falls Church Affordable Homeownership Program (CFCAHP) es un préstamo de plusvalía compartida y se reembolsa según los términos que fija The NHP Foundation (NHPF) and City of Falls Church Housing & Human Services Department (HHS). El reembolso se activa por Upon resale/transfer, refinance, condemnation, casualty, or default of the Affordability Covenant the City is reimbursed its original Subsidy Value plus 25% of net proceeds; the subsidy does not have to be repaid so long as the buyer remains owner-occupant in compliance with the Covenant. La ayuda se registra con un gravamen en posición second. 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.

City of Falls Church Affordable Homeownership Program (CFCAHP) 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: No household member may have owned residential property in the last 3 years; a divorced applicant who owned/resided in a home with a former spouse is treated as a first-time homebuyer. Sobre el crédito, el programa indica: Minimum middle credit score of 620; applicants must also qualify for a Virginia Housing loan. Se requiere un curso de educación para compradores de vivienda, a través de Virginia Housing Homeownership Education Program (free, English and Spanish, online and in-person); certificate required prior to closing. Requisito de residencia: Not required, but priority given to those who live/work in or for the City of Falls Church. 99-year Declaration of Affordability Covenants (use/refinance/resale restrictions + City purchase option); annual owner-occupancy affidavit; housing cost (incl. HOA/condo fees, taxes, insurance) may not exceed 40% of gross annual income for subsidy offer; co-signers outside household prohibited; household liquid assets cannot exceed 50% of the sales price (retirement excluded); 5 calendar days to execute sales contract and 45 days to close after referral.

City of Falls Church Affordable Homeownership Program (CFCAHP) limita el ingreso del hogar a $163,900. El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. 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.

City of Falls Church Affordable Homeownership Program (CFCAHP) se puede usar para Single Family, Townhouse y Condo. La construcción nueva no es elegible. Las viviendas prefabricadas no son elegibles.

City of Falls Church Affordable Homeownership Program (CFCAHP) menciona a compradores de vivienda con discapacidades entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

City of Falls Church Affordable Homeownership Program (CFCAHP) atiende a compradores de vivienda que compran en Falls Church, Virginia. El programa se dirige a áreas específicas: Entire City of Falls Church (2.2 sq mi).

Las solicitudes de City of Falls Church Affordable Homeownership Program (CFCAHP) se tramitan a través de The NHP Foundation (NHPF) and City of Falls Church Housing & Human Services Department (HHS), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Prescreening application then Certified Buyers waitlist ranked by priority criteria, then first-come first-served; buyers matched to properties as acquired. 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.