Philly First Home Program

Philly First Home Program est une subvention pour les futurs propriétaires de Philadelphia, Pennsylvania, sous la gestion de Philadelphia Housing Development Corporation (PHDC). A City of Philadelphia homebuyer assistance grant of up to $10,000, or 6% of the purchase price, whichever is lower. Funds may be applied to principal reduction, down payment and loan closing costs. Open to first-time buyers — including anyone who has not owned a home in the past three years — purchasing a single-family home or duplex inside Philadelphia. Condominiums are not eligible. One-on-one homeownership counseling through a City-funded housing counseling agency must be completed BEFORE the Agreement of Sale is signed, which is the step buyers most often miss. The grant is not free and clear: the City states it must be repaid if the buyer moves or refinances before living in the home for 15 years. Up to $10,000 (or 6% of purchase price, whichever is lower) toward principal, down payment and closing costs. Grant, not a monthly payment — but repayable if you move or refinance within 15 years. Counseling is free and City-funded. Income limits scale with family size with no household-size cap. Program materials published in English, Spanish and Simplified Chinese. Le financement provient de City of Philadelphia — Department of Planning and Development, Division of Housing and Community Development (DHCD), administered by PHDC.

Philly First Home Program offre jusqu’à $10,000 d’aide. Le programme peut être combiné avec Explicitly bundled with Turn the Key: PHDC advertises up to $75,000 in Turn the Key mortgage buydown assistance plus up to $10,000 from Philly First Home on a newly built TTK home. Other homebuyer grants may be combined, but PHDC asks buyers to confirm compatibility with their housing counselor. A City-funded counseling agency (New Kensington CDC) states Philly First Home cannot be combined with First Front Door or the PHFA K-FIT grant; that exclusion is not corroborated on any City or PHDC page — treat as unconfirmed. Les montants sont les plafonds publiés par le programme, et non une offre — Philadelphia Housing Development Corporation (PHDC) décide de chaque aide individuelle.

Philly First Home Program prend la forme d’une subvention : elle n’est donc pas remboursée. Le remboursement est déclenché par The City of Philadelphia states the grant must be repaid if the buyer moves or refinances before living in the home for 15 years. The City does not publish whether repayment is prorated or whether a lien or second mortgage is recorded — confirm with DHCD (215-686-9749) or a City-funded housing counselor. 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.

Philly First Home Program est ouvert à les primo-accédants et les futurs propriétaires qui occuperont le logement comme résidence principale. « Primo-accédant » comporte ici des exceptions : Buyers who have not owned a home in the past three years also count as first-time buyers. Au sujet du crédit, le programme précise : Not published by PHDC; the first-mortgage lender sets credit requirements. Un cours pour futurs propriétaires est obligatoire, auprès de One-on-one counseling at a City-funded housing counseling agency, required before the Agreement of Sale. Agencies on the 3/26 flyer: Affordable Housing Centers of Pennsylvania (Main, West Philadelphia, Northeast); Asociacion Puertorriquenos en Marcha (APM); Center in the Park; Clarifi; Congreso de Latinos Unidos; Esperanza; Greater Philadelphia Alliance Social Service Center (GPASS); Greater Philadelphia Community Alliance (GPCA) Houston Center; Dixon House; HACE (Central and Frankford); Intercultural Family Services; Mt. Airy CDC; New Kensington CDC; Northwest Counseling Service; Philadelphia Chinatown Development Corporation; Southwest CDC; Unemployment Information Center; Urban League of Philadelphia; West Oak Lane CDC; Xiente. Agencies are subject to change — the flyer is the current list. Counseling must be completed BEFORE signing the Agreement of Sale — counseling completed afterward does not qualify. The Agreement of Sale must be signed by both homebuyer and seller. Condominiums are not eligible. Apply through a City-funded housing counseling agency; bring total annual family income, the source of that income (employment, SSI, DPA, etc.) and the number of family members who will live in the home. REPAYMENT: the City states the grant must be repaid if you move or refinance before living in the home for 15 years — this is published on phila.gov but does NOT appear on the PHDC program page or the 3/26 flyer, so buyers reading only PHDC materials will not learn the grant is repayable. Still unpublished by any official source: whether repayment is full or prorated, whether a lien or second mortgage is recorded, any minimum credit score, any maximum purchase price, any eligible-loan-product list, and any participating-lender restriction. The PHDC application-process page publishes the steps only as a Road Map graphic/PDF, not as text.

Philly First Home Program plafonne le revenu du ménage à 100 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. Gross income for all family members who will live in the home, against the City of Philadelphia's 100% AMI schedule (DHCD) — the same schedule that governs Turn the Key. Maximum annual household income by family size: 1 — $85,900; 2 — $98,200; 3 — $110,500; 4 — $122,700; 5 — $132,600; 6 — $142,400; 7 — $152,200; 8 — $162,000; each additional person adds $9,800 (there is no maximum household size). The $122,700 stored in income_limit_amount is the 4-person figure. DHCD does not publish an effective year or HUD MSA name with this table. Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. 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.

Philly First Home Program plafonne le prix d’achat ainsi : No published maximum purchase price. The grant is the lower of $10,000 or 6% of the purchase price. Les types de logements admissibles comprennent Single Family et Duplex (2-unit).

Philly First Home Program s’adresse aux futurs propriétaires qui achètent à Philadelphia, Pennsylvania.

Les demandes pour Philly First Home Program passent par Philadelphia Housing Development Corporation (PHDC), qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire de Apply through a City-funded housing counseling agency. 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.