Mobile County Homeownership Down Payment Assistance Program (HDPA)

Mobile County Homeownership Down Payment Assistance Program (HDPA) — это списываемый заём для покупателей жилья: округ Mobile, Alabama. The Homeownership Down Payment Assistance Program (HDPA) is a CDBG-Disaster Recovery-funded program administered by the Mobile County Commission as Subrecipient to the Alabama Department of Economic and Community Affairs (ADECA). Provides up to $50,000 in interest-free deferred forgivable loan assistance to LMI households (up to 120% AMI) for down payment and closing costs on a single-family home in unincorporated Mobile County or designated municipalities, in response to Hurricane Sally & Zeta (2020) recovery. Sister program to the County's HOME-funded Down Payment Assistance Program (separate listing); modeled on its requirements. Despite being labeled 'Grant' on Freddie Mac DPA One, the assistance is structured as a forgivable second-lien loan with recapture-net-of-proceeds upon early sale/transfer. Applications opened Aug. 4, 2025 and continue until funds depleted. Up to $50,000 (minimum $1,000) interest-free deferred loan for down payment and closing costs, forgiven on a prorated monthly basis over up to 10 years. May provide up to 100% of the down payment required by the lender and/or subsidize mortgage interest rate. No monthly payments. Loan released at end of affordability period if homebuyer maintains primary residence. Источник финансирования: CDBG-DR (Hurricanes Sally & Zeta) administered by Alabama Department of Economic and Community Affairs (ADECA); HUD; Federal.

Mobile County Homeownership Down Payment Assistance Program (HDPA): долг списывается через 10 лет, поэтому покупателю жилья, который проживёт в доме этот срок, возвращать ничего не нужно. Возврат требуется в случае: Sale or voluntary/involuntary transfer of title (including foreclosure) during the up-to-10-year affordability period triggers repayment of the unforgiven balance of CDBG-DR direct downpayment assistance, capped at net proceeds of sale (recapture net of proceeds, modeled on 24 CFR 92.254(a)(5)(ii)(A)(2) and (4)). Failure to occupy as primary residence during the affordability period requires repayment of the full direct downpayment assistance amount. Помощь регистрируется как залог в очереди: 2. Условия списания и возврата устанавливает программа, и они могут меняться — перед подачей заявки проверьте их на официальной странице программы.

Mobile County Homeownership Down Payment Assistance Program (HDPA) открыта для покупателей жилья, которые будут жить в доме как в основном месте жительства. О кредитной истории программа сообщает: No published minimum credit score. Program guide states homebuyers should have good credit and qualify for competitive lending products. Обязателен курс для покупателей жилья, через HUD-Certified Housing Counseling Agency designated by Mobile County. 8-hour homeownership education course required. Требование о месте жительства: Applicant must have been a Mobile County resident during Hurricanes Sally & Zeta (Sept. 11-16, 2020 and Oct. 28-29, 2020). Property must be located in Mobile County HOME Consortium area: unincorporated Mobile County or the cities/towns of Bayou La Batre, Chickasaw, Citronelle, Creola, Mount Vernon, Prichard, Saraland, Satsuma, Semmes. Homes within City of Mobile or Town of Dauphin Island are NOT eligible. Гражданство или иммиграционный статус: All members of the purchasing household must be U.S. citizens or qualified aliens eligible for federal public benefits under PRWORA (1996). Applicant must have been a Mobile County resident during Hurricanes Sally & Zeta (Sept. 11-16, 2020 and Oct. 28-29, 2020) -- proof of residency required (utility bill, vehicle tag receipt, tax record, lease/mortgage statement). Priority to LMI homeowners and renters impacted by 2020 hurricanes; LMI individuals on path to homeownership also encouraged. Cannot own additional property. Duplication of Benefits Certification required. First mortgage must be CFPB Qualified Mortgage, fully amortizing 30-year fixed (USDA up to 33-year). Front-end 30% / back-end 43% ratio caps. Property must pass County home inspection and environmental review. Independent state-licensed appraisal required to justify sales price.

Mobile County Homeownership Down Payment Assistance Program (HDPA) ограничивает доход домохозяйства 120% от медианного дохода по району, который зависит от округа и размера семьи. Household income must not exceed 120% of Area Median Income for Mobile County (HUD CDBG income limits, FY 2025): 1p $68,450; 2p $78,250; 3p $88,000; 4p $97,800; 5p $105,600; 6p $113,450; 7p $121,250; 8p $129,100. Section 8 (24 CFR 5.609) gross-income definition; income of all household members 18+ is included. Предел относится к общему доходу домохозяйства, а не только к доходу заёмщика. Программа указывает максимальный размер домохозяйства: 8. Показатели медианного дохода по району публикует HUD и обновляет ежегодно, поэтому, прежде чем полагаться на цифру, сверьтесь с действующей таблицей для округа.

Mobile County Homeownership Down Payment Assistance Program (HDPA) ограничивает цену покупки суммой $290,000. Допустимые виды жилья: Single-family detached dwelling unit. Property must be owner-occupied, purchaser-occupied, or vacant at the time of purchase. Новостройки допускаются. Сборные (заводские) дома не допускаются.

Mobile County Homeownership Down Payment Assistance Program (HDPA) помогает покупателям жилья, которые покупают в этом месте: округ Mobile, Alabama. Программа направлена на определённые районы: Hurricane Sally & Zeta disaster-affected residents of Mobile County receive priority. Eligible jurisdictions limited to unincorporated Mobile County and the designated municipalities; City of Mobile and Town of Dauphin Island are excluded.

Заявки на Mobile County Homeownership Down Payment Assistance Program (HDPA) подаются через агентство, которое ведёт программу; агентство публикует действующие условия и порядок подачи на своём сайте. Средства резервируются через Lender submits completed HDPA application, loan application, loan estimate, and purchase agreement to County; funding reserved at that point. County reserves 15 working days to review/approve. First-come, first-served until funding is depleted. Hey Prescott не является кредитором и не принимает заявки; эта страница описывает программу, чтобы покупатель жилья мог обсудить её с кредитором или жилищным консультантом.