Home Opportunity Program (HOP)

Home Opportunity Program (HOP) est un prêt annulable pour les futurs propriétaires de Fairbanks North Star Borough; Southeast Fairbanks Census Area; Matanuska-Susitna Borough; Kenai Peninsula Borough; Copper River Basin (Glennallen, Valdez, Cordova); City and Borough of Juneau; Haines Borough; Ketchikan Gateway Borough; Petersburg Borough; Wrangell Borough; Sitka Borough; Kodiak Island Borough; and other Alaska areas outside the Municipality of Anchorage County, Alaska. The Home Opportunity Program (HOP) promotes homeownership for low-income households in Alaska. Operated by Alaska Community Development Corporation as the AHFC-designated HOP intermediary serving all of Alaska EXCEPT the Municipality of Anchorage. HOP provides zero-interest loans of $1,250 up to $30,000 to assist eligible low-income, first-time homebuyers with down payment, up to $3,000 of closing costs, and/or a buy-down of the first mortgage to achieve affordability. The first $10,000 is conditionally forgivable over a 5-year period; any remainder is a deferred 0% loan secured by a Note and Deed of Trust, due upon sale, transfer, or refinance. Funds flow from the federal HOME Investment Partnerships Program through AHFC. Up to $30,000 in total assistance, including: down payment assistance (if required by primary lender), up to $3,000 in closing cost assistance, and a buy-down of the first mortgage if necessary to achieve affordability. Zero-interest loan. the first $10,000 of HOP assistance is conditionally forgivable over a 5-year affordability period. Any portion above $10,000 (up to the $30,000 cap) is a 0% deferred-payment loan secured by a Note and Deed of Trust, due upon sale, transfer, or refinance. Statewide reach (except Municipality of Anchorage). Multiple participating lender partners. Le financement provient de Federal HOME Investment Partnerships Program (HUD), passed through Alaska Housing Finance Corporation (AHFC) to Alaska CDC as HOP intermediary.

Home Opportunity Program (HOP) est annulé après 5 ans : un futur propriétaire qui reste aussi longtemps n’a rien à rembourser. Le remboursement est déclenché par Sale, transfer of title, refinance (without subordination), or failure to occupy as primary residence during the period of affordability. The first $10,000 of HOP assistance is forgiven pro rata over 5 years et the balance above $10,000 (if any) is due in full upon sale, transfer, or refinance. L’aide est inscrite au rang suivant : 2nd (subordinate to primary mortgage); secured by Note and Deed of Trust. Les conditions d’annulation et de remboursement sont fixées par le programme et peuvent changer — vérifiez-les sur la page officielle du programme avant de déposer une demande.

Home Opportunity Program (HOP) est ouvert à les primo-accédants et les futurs propriétaires qui occuperont le logement comme résidence principale. « Primo-accédant » comporte ici des exceptions : Buyer must not own another home at time of HOP assistance; HOP-assisted home must be the only home owned by the buyer. Au sujet du crédit, le programme précise : Not published; lender determines credit eligibility under standard underwriting principles for the primary loan. Un cours pour futurs propriétaires est obligatoire, auprès de HUD-approved housing counseling agency (homebuyer education class required prior to closing). Condition de résidence : Property must be located in an ACDC HOP service area within Alaska (statewide except Municipality of Anchorage) and must be the buyer's primary residence. Citoyenneté ou statut d’immigration : Per HOME program federal rules: U.S. citizen or qualified non-citizen (legal resident). Must be a first-time homebuyer (HOP-assisted home must be the only home owned and must be primary residence). Household income at or below 80% of HUD area median income (regionally adjusted). Must obtain primary mortgage financing from AHFC or another participating secondary-market lender. Mortgage payment ratio (PITI) on the first mortgage should not be less than 25% of buyer's gross qualifying income (HOP assistance cannot reduce the primary loan amount the borrower otherwise qualifies for). Buyer must complete HUD-approved homebuyer education class. Property must meet HUD/HOME property standards; pre-1978 homes require lead-based paint visual assessment and possible stabilization. Home must be of non-luxury nature. Buyer must not be in arrears on any child support obligation. Must occupy and own continuously through the period of affordability or HOP funds are subject to recapture. Lender Loan Officer for HOP: Lori Tice (NMLS #1137092). Funds are limited and awarded first-come, first-served.

Home Opportunity Program (HOP) plafonne le revenu du ménage à 80 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. Household income must be at or below 80% of HUD median income, regionally adjusted by HUD/AHFC, with limits varying by community. Per ACDC HOP income table effective 6/1/2025, the income range across Alaska communities and household sizes 1-8 spans approximately $56,750 (1-person, lowest community) to $129,100 (8-person, highest community). 4-person 80% AMI for the Anchorage MSA (which is most representative for Alaska CDC's largest service areas, e.g., Mat-Su Borough) is $91,440 in HUD FY2025. Limits vary by region (Mat-Su, Kenai, Fairbanks, Juneau, Ketchikan, Sitka, Kodiak, etc.). Refer to ACDC HOP income table at https://www.alaskacdc.org/uploads/3/1/5/5/31559769/80__hop_-_sheet1.pdf for the full schedule by community. Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. Le programme indique une taille de ménage maximale de 8. Les chiffres du revenu médian de la zone sont publiés par HUD et mis à jour chaque année : consultez le tableau en vigueur pour le comté avant de vous fier à un chiffre.

Home Opportunity Program (HOP) plafonne le prix d’achat ainsi : No explicit maximum purchase price; property must be of non-luxury nature and must meet HOME property standards. Effective ceiling is set by the borrower's primary mortgage qualification plus up to $30,000 of HOP assistance. Les types de logements admissibles comprennent Single-family detached homes, condominiums, townhomes (must meet HUD/HOME property standards and be non-luxury). Manufactured homes permitted if meeting HOME property standards. Les constructions neuves sont admissibles. Les maisons préfabriquées sont admissibles.

Home Opportunity Program (HOP) s’adresse aux futurs propriétaires qui achètent à Fairbanks North Star Borough; Southeast Fairbanks Census Area; Matanuska-Susitna Borough; Kenai Peninsula Borough; Copper River Basin (Glennallen, Valdez, Cordova); City and Borough of Juneau; Haines Borough; Ketchikan Gateway Borough; Petersburg Borough; Wrangell Borough; Sitka Borough; Kodiak Island Borough; and other Alaska areas outside the Municipality of Anchorage County, Alaska. Le programme cible des zones précises : Statewide except the Municipality of Anchorage. Service area covers Fairbanks North Star Borough, Southeast Fairbanks Census Area, Mat-Su Borough, Kenai Peninsula Borough, Copper River Basin, City and Borough of Juneau, Haines Borough, Ketchikan Gateway Borough, Petersburg Borough, City and Borough of Wrangell, City and Borough of Sitka, and Kodiak Island Borough. Anchorage residents must use the AHFC HOP product administered by other partners.

Les demandes pour Home Opportunity Program (HOP) passent par l’organisme gestionnaire, qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire de First-come, first-served through Alaska CDC office in Palmer or through participating lenders. No online reservation portal; lender submits HOP application packet on behalf of qualified buyer. Hey Prescott n’est pas un prêteur et n’accepte pas de demandes ; cette page décrit le programme pour qu’un futur propriétaire puisse en parler à un prêteur ou à un conseiller en logement.