City of Fredericksburg Direct Homeownership Assistance Program

City of Fredericksburg Direct Homeownership Assistance Program es un préstamo condonable para compradores de vivienda en Fredericksburg, Virginia, a cargo de City of Fredericksburg Office of Planning and Community Development. Funded through the City's CDBG allocation, the Direct Homeownership Assistance Program helps low- and moderate-income City residents (at/below 80% AMI) buy a primary residence within Fredericksburg city limits. It provides a secured forgivable loan of $3,000-$10,000 (tiered by income) toward closing costs and/or up to 50% of down payment costs. The loan is fully forgiven after five years; if sold sooner, the assistance plus 10% interest and a share of appreciation must be repaid. Up to $10,000 / 50% of down payment. Closing cost assistance. Fully forgiven after 5 years. 0% interest if held 5 years. Refinance assistance also available. Los fondos provienen de Community Development Block Grant (CDBG).

City of Fredericksburg Direct Homeownership Assistance Program ofrece entre $3,000 y $10,000 de ayuda. Los montos son los máximos publicados por el programa, no una oferta: City of Fredericksburg Office of Planning and Community Development determina cualquier ayuda individual.

City of Fredericksburg Direct Homeownership Assistance Program se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por If sold within 5 years, assistance plus 10% interest plus proportionate share of appreciation due; fully forgiven if owned past 5 years. La ayuda se registra con un gravamen en posición Secured by mortgage lien and promissory note. 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 Fredericksburg Direct Homeownership Assistance Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Requisito de residencia: City resident buying a primary residence within the City of Fredericksburg. Income tiers set loan caps: $10,000 (0-70% of threshold), $7,000 (70-80%), $5,000 (80-90%), $3,000 (90-100%), threshold = 80% AMI. Not first-time restricted; also offers refinance assistance. Program design PDF last amended 2009 but program remains listed active; reviewer should confirm current caps with the City. 4-person 80% AMI dollar figure imputed from regional HUD area.

City of Fredericksburg Direct Homeownership Assistance Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Total household income at/below 80% AMI (HUD Section 8 limits, 24 CFR 5.609) by household size. Fredericksburg is in the Washington-Arlington-Alexandria HUD area (4-person 80% ~ $106,800 for 2026). 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.

City of Fredericksburg Direct Homeownership Assistance Program limita el precio de compra así: No stated max price; assistance limited to tiered loan caps.

City of Fredericksburg Direct Homeownership Assistance Program atiende a compradores de vivienda que compran en Fredericksburg, Virginia.

Las solicitudes de City of Fredericksburg Direct Homeownership Assistance Program se tramitan a través de City of Fredericksburg Office of Planning and Community Development, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de First-come, first-served at Office of Planning and Community Development; waitlist as funds allow. 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.