TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program es un segundo préstamo diferido para compradores de vivienda en Roanoke, Virginia, a cargo de Total Action for Progress (TAP into Hope), DHCD-designated regional DPA provider for the Roanoke Valley. TAP (Total Action for Progress), a Roanoke Valley community action agency, is a Virginia DHCD-designated regional provider of the HOMEownership Down Payment & Closing Cost Assistance Program, funded through HUD HOME. It provides 0%-interest, deferred, forgivable silent-second gap financing to first-time homebuyers at or below 80% AMI — up to 10% of sales price (up to 15% in high-cost areas) plus up to $2,500 closing costs, $40,000 maximum, forgiven after a 5- or 10-year affordability period. As of June 2026, TAP's page states limited funds are available first-come, first-served. 0% interest deferred/forgivable second mortgage. no monthly payments. forgiven after affordability period. up to 10-15% of price plus up to $2,500 closing costs. stackable. free homebuyer education and counseling. Los fondos provienen de Federal HUD HOME funds via Virginia DHCD annual allocation.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program ofrece entre $1,000 y $40,000 de ayuda. Niveles de ayuda: Up to 10% of sales price (standard) or up to 15% in DHCD-designated high-cost/economically depressed localities, plus up to $2,500 closing costs; $40,000 maximum total. Forgiveness term: 5 years for $1,000-$14,999; 10 years for $15,000-$40,000. Aporte del comprador de vivienda: Income 50%-80% AMI: contribute 1% of sales price from personal funds. Income below 50% AMI: contribute $500. El programa se puede combinar con May be leveraged with VIDA, ARS, Virginia Housing DPA, Virginia Housing SPARC, FHLB, USDA, and other lender/employer/housing-authority programs. Los montos son los máximos publicados por el programa, no una oferta: Total Action for Progress (TAP into Hope), DHCD-designated regional DPA provider for the Roanoke Valley determina cualquier ayuda individual.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por Sale, transfer of title (voluntary or involuntary), loss of owner-occupancy, or loan assumption during the period of affordability. La ayuda se registra con un gravamen en posición Second (silent second / deferred loan via DHCD HOME Deed of Trust, subordinate to first trust 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.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program 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 primary-residence ownership in the most recent 3 years qualifies as first-time; exceptions for mobile homes titled as personal property and non-occupied inherited/investment property. Sobre el crédito, el programa indica: FICO median 620+ with at least 3 open, current trade lines; alternative credit (rent, utilities, retail) with 3+ trades may be considered. Se requiere un curso de educación para compradores de vivienda, a través de HUD-certified Homebuyer Education via Virginia Housing, NeighborWorks, or HUD-certified agency; HUD-certified housing counseling required. TAP offers its own counseling and education. Requisito de residencia: Property must be in TAP's service area (Roanoke City, Roanoke County, Botetourt, Craig, Rockbridge, Salem City). Confirmed active and funded — TAP page states limited funds available first-come, first-served; DHCD DPA Local Provider Contact List (rev. March 2026) lists TAP as the Roanoke Valley provider. Distinct from the City of Roanoke's own DPA (50% match up to $4,000). Citizenship requirement, mortgage term, HOA, flood-zone, max acreage not specified.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% AMI (HUD). Per TAP program page (2024 HOME limits): 1=$48,800; 2=$55,800; 3=$62,750; 4=$69,700; 5=$75,300; 6=$80,900; 7=$86,450; 8=$92,050. Updated annually by HUD; FY2025 Roanoke MSA HOME 80% 4-person ~$72,500. 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.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program limita el precio de compra así: Home value/sales price may not exceed 95% of area median sales price (HUD 203B limits), set annually by HUD. Los tipos de propiedad elegibles incluyen Single Family, Townhouse, Condo, Modular, Manufactured y 2-4 Unit. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program atiende a compradores de vivienda que compran en Roanoke, Virginia. El programa se dirige a áreas específicas: DHCD designates certain localities high-cost/chronically economically depressed, where assistance may reach 15% of sales price (in TAP's area: Craig, Rockbridge, Salem).

Las solicitudes de TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program se tramitan a través de Total Action for Progress (TAP into Hope), DHCD-designated regional DPA provider for the Roanoke Valley, 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; funds reserved after lender pre-approval and DPA eligibility; processed via DHCD CAMS. 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.