Avondale First-Time Homebuyer Program

Ang Avondale First-Time Homebuyer Program ay isang loan na mapapatawad para sa mga bibili ng bahay sa Avondale, Arizona. City of Avondale-funded down payment assistance program for first-time homebuyers purchasing within the city limits. The City contracts with Trellis (a local non-profit HUD-approved housing counseling and CDFI agency) to administer the program. The City may provide up to $30,000 in down payment, closing cost, and/or principal-reduction assistance in the form of a non-interest-bearing deferred, forgivable loan secured by a Deed of Trust, Promissory Note, or other approved lien instrument. The loan becomes payable in full if the buyer sells or moves from the property within the affordability period or fails to maintain it; if all requirements are met through the end of the period, the City forgives the loan in full. Total assistance is based on need. Buyers must be first-time homebuyers, meet HUD income limits (80% AMI for Maricopa County), obtain and maintain a first mortgage, and complete an 8-hour homebuyer class. Up to $40,000 in down payment, closing costs, and/or principal reduction assistance structured as a shared equity loan. The City provides a lump-sum advance at closing in exchange for a share of the property's future appreciation when the home is sold or refinanced. Homebuyer counseling is provided through Trellis as part of the program. Ang pondo ay mula sa HUD HOME Investment Partnerships Program / CDBG (federal pass-through to the City of Avondale).

Nag-aalok ang Avondale First-Time Homebuyer Program ng tulong na hanggang $30,000. Ambag ng bibili ng bahay: Borrower must contribute reasonable funds toward the transaction; specific amount set during underwriting and counseling with Trellis. Maaaring isama ang programa sa iba pang tulong, ayon sa mga patakaran ng bawat isa. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang ang ahensyang nangangasiwa ang nagpapasya sa anumang indibidwal na award.

Ang Avondale First-Time Homebuyer Program ay isang loan na mapapatawad, kaya pinapatawad ang balanse kapag natugunan ang mga kondisyon ng programa. Kailangang bayaran kapag may Loan becomes payable in full if the buyer sells or moves from the property within the affordability period or fails to maintain it; if all program requirements are met through the end of the period, the City forgives the loan in full and releases its lien. Nakatala ang tulong bilang lien sa posisyong 2. Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang Avondale First-Time Homebuyer Program sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. May mga eksepsiyon dito ang "unang beses": Displaced homemakers and single parents who previously owned a home only with a former spouse are exempt from the three-year first-time-buyer rule; spouses out of the workforce caring for a household are also not bound by the three-year restriction. Tungkol sa credit, sinasabi ng programa: Set by first-mortgage lender; no separate program-level minimum published. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Trellis (HUD-approved housing counseling agency). Requirement sa paninirahan: Property must be located within the City of Avondale corporate limits. Citizenship o katayuan sa imigrasyon: U.S. citizen or qualified non-citizen with eligible immigration status (HUD HOME requirement). Must purchase a home located within the City of Avondale corporate limits. Must complete homebuyer education/counseling through Trellis. Must be income-qualified at or below 80% AMI for Maricopa County (HUD HOME income limits — example: family of four cap was $63,200). Property must be the borrower's primary residence. The shared-equity loan requires the City to receive a proportional share of future appreciation; loan typically becomes due upon sale, transfer, refinance with cash-out, or loss of owner-occupancy. Funded with HUD HOME / CDBG funds passed through the City.

Nililimitahan ng Avondale First-Time Homebuyer Program ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household income at or below 80% Area Median Income (HUD HOME limits) for Maricopa County, adjusted for household size. Example reference: $63,200 maximum for a family of four. Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Ganito nililimitahan ng Avondale First-Time Homebuyer Program ang presyo ng pagbili: Purchase price must comply with HUD HOME 95% maximum purchase price limit for Maricopa County (set annually by HUD). Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, townhome, condo (must be HUD HOME-eligible). Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Avondale First-Time Homebuyer Program ang mga bibili ng bahay sa Avondale, Arizona.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Avondale First-Time Homebuyer Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng First-come, first-served while funds last; applications accepted through Trellis. Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.