First-Time Homebuyer Fund

First-Time Homebuyer Fund è un contributo a fondo perduto per chi compra casa in Philadelphia, Pennsylvania. The Mt. Airy First-Time Homebuyer Fund is a neighborhood-targeted down-payment and closing-cost grant administered by the Mt. Airy Community Development Corporation. The Fund provides up to $10,000 in non-repayable grant assistance to first-time homebuyers purchasing a primary residence in the Mt. Airy neighborhood of Philadelphia. The program is funded by philanthropic contributions, foundation grants, and Philadelphia Housing Trust Fund pass-through dollars and is designed to attract owner-occupant buyers to Mt. Airy and stabilize neighborhood homeownership in a CDC-led revitalization strategy. Mt. Airy CDC layers this grant with the City of Philadelphia's Philly First Home program and PHFA programs to maximize buyer assistance. Up to $10,000 in down-payment and closing-cost assistance for first-time homebuyers purchasing a primary residence in the Mt. Airy neighborhood of Philadelphia (zip codes 19119 / 19150 and adjacent). Provided as a non-repayable grant funded by Mt. Airy CDC philanthropic contributions, foundation grants, and Philadelphia Housing Trust Fund pass-through. Designed to attract owner-occupant buyers to Mt. Airy and stabilize neighborhood homeownership. I fondi provengono da Local Affordable Housing Trust Fund, Philanthropic, Foundation e Local Government.

First-Time Homebuyer Fund è un contributo a fondo perduto, quindi non va restituito. Il rimborso scatta in caso di Non-repayable grant subject to recapture if the buyer fails to occupy as primary residence during the grant retention period (typically 3-5 years). Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

First-Time Homebuyer Fund è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. Qui "prima casa" prevede delle eccezioni: First-time homebuyer (no ownership of principal residence in prior 3 years). Sul credito, il programma afferma: Underwriting follows first-mortgage product; no published Mt. Airy CDC credit floor. È richiesto un corso per chi compra casa, tramite HUD-approved housing counseling agencies serving Philadelphia (commonly Mt. Airy CDC's own program or Clarifi); pre-purchase 8-hour education certificate required. Requisito di residenza: Property must be located within the Mt. Airy CDC service area (Mt. Airy neighborhood of Philadelphia, primarily zip codes 19119 / 19150) and occupied as primary residence for the grant retention period. Cittadinanza o status migratorio: U.S. citizen or eligible non-citizen. Buyer must be a first-time homebuyer (no ownership of principal residence in prior 3 years), purchase a primary residence within the Mt. Airy CDC service area (Mt. Airy neighborhood of Philadelphia), complete pre-purchase counseling and 8-hour homebuyer education, and remain in the home as primary residence for the grant retention period. Household income approximately $62,500 (1-person, ~80% AMI) up to $110,700 (8-person, ~120% Philadelphia MSA AMI). Property must meet basic habitability standards.

First-Time Homebuyer Fund limita il reddito familiare al 120% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. Household income approximately $62,500 (1-person at ~80% AMI) up to $110,700 (8-person at ~120% Philadelphia-Camden-Wilmington MSA AMI). Limits updated annually. Il limite si applica al reddito totale del nucleo familiare, non solo a quello del richiedente del mutuo. Il programma indica una dimensione massima del nucleo familiare di 8. I dati sul reddito mediano dell'area sono pubblicati da HUD e aggiornati ogni anno, quindi controlla la tabella attuale della contea prima di basarti su una cifra.

First-Time Homebuyer Fund limita il prezzo di acquisto così: Tracks Mt. Airy CDC underwriting guidelines and Philadelphia neighborhood comps. I tipi di immobile idonei includono Single-family detached, Townhouse, Rowhouse, Condominium e 2-4 unit (owner-occupied). Le nuove costruzioni sono idonee. Le case prefabbricate non sono idonee.

First-Time Homebuyer Fund si rivolge a chi compra casa in Philadelphia, Pennsylvania. Il programma si rivolge a zone specifiche: Mt. Airy neighborhood of Philadelphia, PA (zip codes 19119, 19150, and adjacent within the Mt. Airy CDC service area).

Le domande per First-Time Homebuyer Fund passano da l'ente che gestisce il programma, che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite First-come, first-served subject to annual Mt. Airy CDC fundraising and program allocation. Hey Prescott non è un istituto di credito e non accetta domande; questa pagina descrive il programma perché chi compra casa possa parlarne con un istituto di credito o un consulente abitativo.