First Time Homebuyer Grant Program

First Time Homebuyer Grant Program — это списываемый заём для покупателей жилья: округ Multiple, New York. Community Housing Innovations (CHI) is a HUD-approved nonprofit housing counseling agency, founded in 1991, with offices in Westchester, Nassau, and Suffolk Counties. CHI awards approximately $1 million annually in down-payment-assistance and rehabilitation grants/forgivable loans to first-time homebuyers across its multi-county service area (Westchester, Rockland, Putnam, Nassau, Suffolk, and Hudson Valley). Grants typically range from $25,000-$35,000 (with smaller First Home Club savings-match grants up to $5,000 also available). Funds can be used toward down payment, closing costs, and (under the Hudson Valley Home Ownership and Revitalization track) acquisition + renovation. Buyers must complete CHI's free Grant Orientation, attend HUD-approved homebuyer education, and contribute at least 3% of the purchase price from their own funds. Loans are forgiven over a 10-year affordability period. Grants and forgivable loans of $25,000-$35,000 to qualified first-time homebuyers purchasing a one-family home, condominium, or cooperative for owner-occupancy in CHI's service area (Westchester, Rockland, Putnam, Nassau, Suffolk - and select Hudson Valley communities). Funds may be used for down payment, closing costs, and (under the Hudson Valley Home Ownership and Revitalization track) acquisition + renovation. Loans are forgiven over a 10-year affordability period if the buyer continues to occupy the property as primary residence. sales, transfers, or loss of owner-occupancy during the period trigger recapture. Источник финансирования: HOME, State Housing Finance Agency, Federal и Private.

First Time Homebuyer Grant Program предоставляет до $60,000 помощи. Взнос покупателя жилья: Minimum 3% of purchase price from buyer's own funds (proof of funds required at application). Программу можно сочетать с другой помощью при соблюдении правил каждой из них. Суммы — это опубликованные программой максимумы, а не предложение; размер каждой отдельной помощи определяет агентство, которое ведёт программу.

First Time Homebuyer Grant Program: долг списывается через 10 лет, поэтому покупателю жилья, который проживёт в доме этот срок, возвращать ничего не нужно. Возврат требуется в случае: Forgivable loan over 10-year affordability period и if recipient sells, transfers, refinances with cash-out, or ceases to occupy the home as primary residence during the 10-year period, the unforgiven balance is recaptured by CHI. 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.

First Time Homebuyer Grant Program открыта для тех, кто покупает жильё впервые и покупателей жилья, которые будут жить в доме как в основном месте жительства. Из правила «впервые» здесь есть исключения: Must not have owned any residential real estate in the previous 3 years (per HUD HOME first-time homebuyer definition); displaced homemakers and single parents may qualify. О кредитной истории программа сообщает: No published minimum FICO; underwriting follows the buyer's first-mortgage product through a CHI Participating Lender. Обязателен курс для покупателей жилья, через Community Housing Innovations (CHI) - HUD-approved housing counseling agency; eHomeAmerica online + in-person 8-hour homebuyer education course; mandatory CHI Grant Orientation prior to grant application. Требование о месте жительства: Property must be located within CHI's service area (Westchester, Rockland, Putnam, Nassau, Suffolk, and select Hudson Valley communities) and be the buyer's primary residence for the 10-year affordability period. Гражданство или иммиграционный статус: U.S. citizen or eligible non-citizen per HUD HOME rules and CHI Participating Lender underwriting. Buyer must be a first-time homebuyer (no ownership of residential real estate in previous 3 years), occupy the home as primary residence for the 10-year affordability period, and contribute at least 3% of the purchase price from their own funds. Household income limits are 80% HUD AMI for the property's MSA, ranging from approximately $65,604 (1-person, lower-AMI counties) up to $198,586 (large household, higher-AMI counties such as Nassau/Suffolk and Westchester). Buyer must complete CHI's free Grant Orientation, complete HUD-approved homebuyer education through eHomeAmerica or CHI in-person classes, and qualify for a mortgage through a CHI Participating Lender. Property must be a 1-family, condo, or co-op for owner-occupancy located within CHI's service area (Westchester, Rockland, Putnam, Nassau, Suffolk, and select Hudson Valley communities). Funds are subject to availability; approximately $1 million in down-payment-assistance and rehab grants are awarded annually.

First Time Homebuyer Grant Program ограничивает доход домохозяйства 60% от медианного дохода по району, который зависит от округа и размера семьи. Household income must be at or below 80% HUD Area Median Income for the property's MSA. Limits vary by county and household size, ranging from approximately $65,604 (1-person, lower-AMI counties) up to $198,586 (8-person household in higher-AMI counties such as Nassau-Suffolk or Westchester). Current limits published by HUD annually. 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.

First Time Homebuyer Grant Program ограничивает цену покупки так: Maximum purchase price determined per individual program track and HUD HOME 95%-of-median rule for the property's county; varies by program (Westchester, Hudson Valley, or Long Island). Допустимые виды жилья: Single-family detached, Condominium и Cooperative. Новостройки допускаются. Сборные (заводские) дома не допускаются.

First Time Homebuyer Grant Program помогает покупателям жилья, которые покупают в этом месте: округ Multiple, New York.

Заявки на First Time Homebuyer Grant Program подаются через агентство, которое ведёт программу; агентство публикует действующие условия и порядок подачи на своём сайте. Средства резервируются через Rolling intake; first-come, first-served subject to annual funding availability. Applicant must attend a Grant Orientation, complete the intake application (2025 Grant Application form), and submit documentation through CHI before being placed under contract. Hey Prescott не является кредитором и не принимает заявки; эта страница описывает программу, чтобы покупатель жилья мог обсудить её с кредитором или жилищным консультантом.