DreamMaker Home Purchase Assistance

Ang DreamMaker Home Purchase Assistance ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Savannah, Georgia. DreamMaker Home Purchase Assistance is the City of Savannah's primary first-time-homebuyer DPA. Administered by the Housing & Neighborhood Services Department, it provides 2% interest, 30-year deferred-payment second-mortgage loans for down payment, closing cost, and gap financing on a primary residence within Savannah city limits. Two assistance levels: up to $50,000 for housing developed in partnership with the City of Savannah (e.g., Savannah Gardens, City development partnerships) and up to $30,000 for other qualifying single-family housing in the City. Property must pass City Adopted Housing Code inspection. Buyer must complete homeownership counseling and contribute approximately $1,000 of own funds. Open to all qualifying first-time buyers (no employer restriction). Affordable second-mortgage loan for down payment, closing cost, and gap financing assistance. Two conditions: (1) up to $50,000, 2% interest, 30-year deferred-payment loan for housing developed in partnership with the City of Savannah. (2) up to $30,000, 2% interest, 30-year deferred-payment loan for all other housing within City of Savannah limits. Loan is repayable upon transfer of title (sale), refinance, or demise. No interest is charged while the loan is in good standing (deferred 30 years if buyer remains owner-occupant). Ang pondo ay mula sa HUD HOME Investment Partnerships Program; CDBG; Federal (administered by City of Savannah HNSD).

Nag-aalok ang DreamMaker Home Purchase Assistance ng tulong na hanggang $7,500. Ambag ng bibili ng bahay: Buyer generally needs to invest approximately $1,000 of own funds depending on program tier and lender requirements. 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.

Ipinagpaliban ang DreamMaker Home Purchase Assistance, kaya walang bayarin hanggang maibenta o ma-refinance ang bahay, o mabayaran nang buo ang unang mortgage. Kailangang bayaran kapag may Repayable upon sale (transfer of title), refinance, or demise of borrower. The loan is deferred for 30 years provided the purchaser resides in the property as their primary residence and the loan is not in default. No interest charged while loan is in good standing. 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 DreamMaker Home Purchase Assistance 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": First-time homebuyer requirement; standard HUD definition (no homeownership in prior 3 years) generally applies. HUD-defined displaced homemaker and single-parent exceptions follow HOME rules. Tungkol sa credit, sinasabi ng programa: 640+ FICO (per program tracking). Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HUD-approved housing counseling agency homeownership education course required (City of Savannah maintains a list of approved counseling agencies; CHSA is a primary partner). Requirement sa paninirahan: Property must be located within City of Savannah city limits. Citizenship o katayuan sa imigrasyon: U.S. citizen or qualified alien (HUD HOME requirement). First-time-homebuyer requirement; buyers must qualify for first mortgage on competitive terms; must invest approximately $1,000 of own funds depending on program/lender. Property must be located within City of Savannah city limits, cannot be occupied at application unless occupant is buyer or seller, and must pass City of Savannah Adopted Housing Codes inspection by HNSD Construction Specialist before commitment letter is issued. Pre-1978 homes cannot have defective paint at inspection. Required seller repairs must be completed and confirmed prior to commitment letter. Buyer must take homeownership course. Buyer must occupy as primary residence; cannot rent the home.

Nililimitahan ng DreamMaker Home Purchase Assistance ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household income must be at or below 80% AMI for the Savannah, GA MSA / Chatham County (FY2025 HUD Section 8 limits, effective 6/1/2025): 1p $55,800; 2p $63,800; 3p $71,750; 4p $79,700; 5p $86,100; 6p $92,500; 7p $98,850; 8p $105,250. (Internal seed range $69,750-$131,565 reflected DCA Georgia Dream targeting and DreamMaker tier work-around; the binding HUD limit governs DreamMaker eligibility.). Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Nakalista sa programa ang pinakamalaking laki ng sambahayan na 8. 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.

Nililimitahan ng DreamMaker Home Purchase Assistance ang presyo ng pagbili sa $255,000. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family residential property (new or existing) in good condition that complies with program requirements and the City of Savannah's Adopted Housing Codes. Kwalipikado ang bagong gawang bahay.

Pinaglilingkuran ng DreamMaker Home Purchase Assistance ang mga bibili ng bahay sa Savannah, Georgia. Tinutukoy ng programa ang mga partikular na lugar: City-designated Target Neighborhoods receive enhanced DreamMaker 2 assistance ($7,500 deferred). Savannah Gardens area receives enhanced DreamMaker 3 assistance ($40,000-$60,000) for housing developed in partnership with the City.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa DreamMaker Home Purchase Assistance, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Buyer schedules appointment with HNSD or partner Community Housing Services Agency (CHSA) to determine basic eligibility. Lender or realtor coordinates with HNSD/CHSA. Funds reserved on first-come, first-served basis subject to availability. 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.