City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program — это списываемый заём для покупателей жилья: Charleston, South Carolina; администратор — City of Charleston Department of Housing and Community Development. The City of Charleston Homeownership Initiative (HI) creates affordable homeownership for low- and moderate-income first-time buyers and supports neighborhood revitalization. The City acquires and transfers properties to housing development partners that build or rehabilitate homes for sale to income-eligible buyers. Down payment and closing cost assistance is available as a zero-interest deferred forgivable loan; City funds are carried through long-term restrictive covenants governing resale value, while partner-agency funds may be secured by a 5- to 10-year note and mortgage. Households earn 50%-120% AMI, must not have owned a home in three years, and must occupy as a primary residence. City-developed homes carry a 90-year affordability covenant. Down payment and closing cost assistance. Zero-interest deferred forgivable loan. Access to newly built or rehabilitated affordable homes. Priority for residents of targeted revitalization neighborhoods. Homebuyer education and counseling. Источник финансирования: Federal (City of Charleston CDBG/HOME funds) and partner-agency funds.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program: долг списывается через 20 лет, поэтому покупателю жилья, который проживёт в доме этот срок, возвращать ничего не нужно. Возврат требуется в случае: Failure to occupy/retain the home as primary residence for the required period; buyer may repay a portion of the original loan. City funds also governed by long-term restrictive covenants on resale value. Помощь регистрируется как залог в очереди: Subordinate. Условия списания и возврата устанавливает программа, и они могут меняться — перед подачей заявки проверьте их на официальной странице программы.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer 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: Not owned a home in the past three years; exceptions for displaced homemaker, divorced single individual/parent no longer owning, and owner of a property not meeting codes. О кредитной истории программа сообщает: Must qualify for the first mortgage and pass a background check; no specific minimum credit score published. Обязателен курс для покупателей жилья, через OriginSC (Homeownership Resource Center); Charleston Trident Urban League. Требование о месте жительства: Home within the city limits of Charleston; first priority to current/former residents of five target neighborhoods. Zero-interest deferred forgivable DPA; City funds carried through long-term restrictive covenants determining resale value (City-developed homes carry a 90-year covenant); partner-agency funds may be secured by a 5- to 10-year note and mortgage. Buyer may owe repayment of a portion of the loan if occupancy/retention conditions are not met. First-time homebuyer (no ownership in 3 years), primary residence, background check, and ability to qualify for the first mortgage required. Exceptions to the 3-year rule: displaced homemaker; divorced single individual/parent no longer owning; owner of a property not meeting codes. Priority to current/former residents of five target neighborhoods. Homebuyer education via OriginSC or Charleston Trident Urban League; apply via Neighborly portal.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program ограничивает доход домохозяйства 120% от медианного дохода по району, который зависит от округа и размера семьи. Household income between 50% and 120% AMI for the Charleston-North Charleston-Summerville MSA by household size. Per City FY2025-2026 limits, 120% AMI = $133,080 (4-person); 100% AMI = $110,900 (4-person). 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.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program можно использовать для: Single Family. Новостройки допускаются.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program помогает покупателям жилья, которые покупают в этом месте: Charleston, South Carolina. Программа направлена на определённые районы: First priority to current and former residents of five identified target/revitalization neighborhoods within the City of Charleston.

Заявки на City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program подаются через City of Charleston Department of Housing and Community Development; агентство публикует действующие условия и порядок подачи на своём сайте. Средства резервируются через Applications via the Neighborly online 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.