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

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program è un secondo prestito differito per chi compra casa in Roanoke, Virginia, gestito da 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. I fondi provengono da Federal HUD HOME funds via Virginia DHCD annual allocation.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program offre un aiuto tra $1,000 e $40,000. Fasce di contributo: 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. Contributo di chi compra casa: Income 50%-80% AMI: contribute 1% of sales price from personal funds. Income below 50% AMI: contribute $500. Il programma può essere combinato con May be leveraged with VIDA, ARS, Virginia Housing DPA, Virginia Housing SPARC, FHLB, USDA, and other lender/employer/housing-authority programs. Gli importi sono i massimi pubblicati dal programma, non un'offerta: è Total Action for Progress (TAP into Hope), DHCD-designated regional DPA provider for the Roanoke Valley a stabilire l'eventuale importo per ciascuna persona.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program è differito, quindi non ci sono pagamenti finché la casa non viene venduta o rifinanziata, o finché il mutuo principale non è estinto. Il rimborso scatta in caso di Sale, transfer of title (voluntary or involuntary), loss of owner-occupancy, or loan assumption during the period of affordability. L'aiuto è iscritto in posizione Second (silent second / deferred loan via DHCD HOME Deed of Trust, subordinate to first trust mortgage). Le condizioni di condono e di rimborso sono fissate dal programma e possono cambiare: verificale sulla pagina ufficiale del programma prima di fare domanda.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program è aperto a chi compra la prima casa e chi compra casa e ci vivrà come residenza principale. Qui "prima casa" prevede delle eccezioni: 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. Sul credito, il programma afferma: FICO median 620+ with at least 3 open, current trade lines; alternative credit (rent, utilities, retail) with 3+ trades may be considered. È richiesto un corso per chi compra casa, tramite 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 di residenza: 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 il reddito familiare al 80% del reddito mediano dell'area, che varia in base alla contea e alla dimensione del nucleo familiare. 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. 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.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program limita il prezzo di acquisto così: Home value/sales price may not exceed 95% of area median sales price (HUD 203B limits), set annually by HUD. I tipi di immobile idonei includono Single Family, Townhouse, Condo, Modular, Manufactured e 2-4 Unit. Le nuove costruzioni sono idonee. Le case prefabbricate sono idonee.

TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program si rivolge a chi compra casa in Roanoke, Virginia. Il programma si rivolge a zone specifiche: DHCD designates certain localities high-cost/chronically economically depressed, where assistance may reach 15% of sales price (in TAP's area: Craig, Rockbridge, Salem).

Le domande per TAP (Total Action for Progress) HOMEownership Down Payment & Closing Cost Assistance Program passano da Total Action for Progress (TAP into Hope), DHCD-designated regional DPA provider for the Roanoke Valley, che pubblica sul proprio sito le condizioni attuali e i passaggi per fare domanda. I fondi vengono prenotati tramite First-come, first-served; funds reserved after lender pre-approval and DPA eligibility; processed via DHCD CAMS. 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.