Step Up with Affordable Income Subsidy Grant (AISG)

Step Up with Affordable Income Subsidy Grant (AISG) — это грант для покупателей жилья: Statewide, Alabama. The Affordable Income Subsidy Grant (AISG) is a true closing-cost grant offered by AHFA that layers on top of the Step Up (or First Step) HFA Advantage conventional first mortgage. It provides 1.0% (≤50% AMI) or 0.5% (50.01-80% AMI) of the loan amount as a non-repayable grant. Income limits are set by county at 80% of AMI per Freddie Mac. AISG is the only grant component (no lien, no repayment) in AHFA's homeownership product suite. The Affordable Income Subsidy Grant (AISG) is a closing-cost grant layered on top of an AHFA Step Up (or First Step) HFA Advantage conventional loan and its DPA second mortgage. Borrowers at or below 50% of the Freddie Mac AMI receive a grant of 1.0% of the loan amount. borrowers between 50.01% and 80% AMI receive 0.5% of the loan amount. The grant is true grant funds (no lien recorded, no repayment) and helps cover closing costs. When stacked with Step Up, an eligible borrower receives: (a) a 30-year HFA Advantage conventional first mortgage, (b) up to 4% / $10,000 Step Up DPA second mortgage, and (c) the AISG closing-cost grant. Источник финансирования: AHFA / Freddie Mac HFA Advantage program funds; loans serviced by ServiSolutions.

Step Up with Affordable Income Subsidy Grant (AISG) оформлена как грант, поэтому её не нужно возвращать. Возврат требуется в случае: None - grant is non-repayable и no lien recorded against the property. Помощь регистрируется как залог в очереди: No Lien (Grant). Условия списания и возврата устанавливает программа, и они могут меняться — перед подачей заявки проверьте их на официальной странице программы.

Step Up with Affordable Income Subsidy Grant (AISG) открыта для покупателей жилья, которые будут жить в доме как в основном месте жительства. О кредитной истории программа сообщает: 640 minimum FICO. Обязателен курс для покупателей жилья, через Approved homebuyer education provider required; list available through participating lenders and AHFA. Требование о месте жительства: Property must be in Alabama and occupied as primary residence within 60 days of closing. Гражданство или иммиграционный статус: U.S. citizen or qualified non-citizen per Freddie Mac HFA Advantage guidelines. AISG is restricted to the Freddie Mac HFA Advantage conventional product (AHFA does not offer the grant on FHA/VA/USDA). Income limits are set by Freddie Mac at 80% Area Median Income by county and updated periodically; verify the property's specific 80% AMI limit using the Freddie Mac Home Possible Eligibility Map (https://sf.freddiemac.com/working-with-us/affordable-lending/home-possible-eligibility-map). The grant amount is paid as a percentage of the first-mortgage loan amount, with 1.0% if borrower is at/below 50% AMI and 0.5% if 50.01-80% AMI. (Note: a third-party site fha.com lists 1.5% for the 50-80% tier, but AHFA's official program page authoritatively states 0.5%.) Standard Step Up (or First Step) program rules also apply (640 FICO, 45% DTI, primary residence, homebuyer education). HUD 2025 4-person AMI for many Alabama counties (~$70K-$90K) closely tracks Freddie Mac 80% AMI used here; the cited 4-person figure of $92,400 reflects the higher Huntsville/Madison or Birmingham-Hoover MSA 80% AMI tier.

Step Up with Affordable Income Subsidy Grant (AISG) ограничивает доход домохозяйства 80% от медианного дохода по району, который зависит от округа и размера семьи. AISG income limits are set by Freddie Mac at 80% of county Area Median Income (AMI) and apply by the property's county. For 2025, AHFA-cited 4-person figures for the lowest-income/highest-income Alabama counties span approximately $35,300-$92,400 depending on county. Borrowers must be at or below 80% of the AMI for the property's location to receive any grant: at/below 50% AMI = 1.0% of loan amount grant; 50.01% to 80% AMI = 0.5% of loan amount grant. Use Freddie Mac's Home Possible Eligibility Map to look up the exact 80% AMI dollar limit for the property's census tract. Предел относится к общему доходу домохозяйства, а не только к доходу заёмщика. Показатели медианного дохода по району публикует HUD и обновляет ежегодно, поэтому, прежде чем полагаться на цифру, сверьтесь с действующей таблицей для округа.

Step Up with Affordable Income Subsidy Grant (AISG) ограничивает цену покупки так: If paired with First Step: $544,233 non-target / $665,173 target sales-price limits apply. If paired with Step Up: no AHFA sales-price cap (subject to Freddie Mac HFA Advantage conforming limits). Допустимые виды жилья: Single-family detached, townhomes, eligible condos, planned-unit developments (per Freddie Mac HFA Advantage guidelines). Новостройки допускаются. Сборные (заводские) дома допускаются.

Step Up with Affordable Income Subsidy Grant (AISG) помогает покупателям жилья, которые покупают в этом месте: Statewide, Alabama.

Заявки на Step Up with Affordable Income Subsidy Grant (AISG) подаются через агентство, которое ведёт программу; агентство публикует действующие условия и порядок подачи на своём сайте. Средства резервируются через Lender reserves grant funds along with Step Up/First Step rate/funds via AHFA's online lender portal. Hey Prescott не является кредитором и не принимает заявки; эта страница описывает программу, чтобы покупатель жилья мог обсудить её с кредитором или жилищным консультантом.