City of New Albany Homeownership Assistance Program

Ang City of New Albany Homeownership Assistance Program ay isang loan na mapapatawad para sa mga bibili ng bahay sa New Albany, Indiana, na pinangangasiwaan ng New Albany Department of Redevelopment / New Albany Redevelopment Commission (NARC). The City of New Albany Homeownership Assistance Program provides up to $10,000 in financial assistance to eligible first-time homebuyers for down payment, closing costs, and home inspection toward the purchase of a single-family home within New Albany city limits. The assistance is a zero-interest forgivable loan secured by a restrictive covenant lien that forgives 20% per year and is fully forgiven after five years of owner-occupancy. Funds are wired to the title company before closing. Applications are accepted first-come, first-served on a rolling basis. Up to $10,000 toward down payment, closing costs, and inspection. Zero-interest forgivable loan. Forgiven over 5 years (20% per year). 50% reimbursement of home inspection cost. Funds wired to title company before closing. Ang pondo ay mula sa New Albany Redevelopment Commission (local redevelopment / TIF funds via GROWTH initiative).

Nag-aalok ang City of New Albany Homeownership Assistance Program ng tulong na hanggang $10,000. Ambag ng bibili ng bahay: Not specified. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang New Albany Department of Redevelopment / New Albany Redevelopment Commission (NARC) ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang City of New Albany Homeownership Assistance Program pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Prorated repayment if home sold before end of 5-year period; full repayment within 30 days (plus 3% annual interest from closing) if buyer fails to occupy as primary residence within 90 days of closing or fails to maintain primary residence for 5 years. Nakatala ang tulong bilang lien sa posisyong second. 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 City of New Albany Homeownership Assistance Program sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Ang "unang beses na bibili ng bahay" ay karaniwang nangangahulugang hindi nagmay-ari ng bahay sa nakaraang tatlong taon, pero ang programa ang nagtatakda ng sarili nitong kahulugan. Tungkol sa credit, sinasabi ng programa: Not specified; lender pre-qualification required. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng New Albany Housing Authority HUD-Certified Housing Counseling Program (Family Self-Sufficiency / FSS); must be completed within the past six months. Requirement sa paninirahan: Applicant must already be a current resident living within New Albany city limits at time of application. First-time homebuyer required. Must be a current New Albany city resident. Must complete New Albany Housing Authority HUD-certified housing counseling within the past 6 months. Applicant cannot be related to any current City of New Albany employee. Must occupy home as primary residence within 90 days of closing and maintain for 5 years. Application via Neighborly Software portal; request from Grant Manager Keeton Gibson (ext. 151). A Dec 2024 news report cited ~$160,000 initial funding (~16 buyers); cap not confirmed in official docs.

Nililimitahan ng City of New Albany Homeownership Assistance Program ang kita ng sambahayan sa 120% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household income must not exceed 120% of Area Median Income (AMI) per HUD. Published FY25 limits: 1-person $81,150; 2 $92,750; 3 $104,350; 4 $115,900; 5 $125,200; 6 $134,450; 7 $143,750; 8 $153,000. Income verified using Part 5 (Section 8) Income and Asset guidelines. 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.

Ganito nililimitahan ng City of New Albany Homeownership Assistance Program ang presyo ng pagbili: Not specified. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family.

Pinaglilingkuran ng City of New Albany Homeownership Assistance Program ang mga bibili ng bahay sa New Albany, Indiana.

Dumadaan sa New Albany Department of Redevelopment / New Albany Redevelopment Commission (NARC) ang mga aplikasyon para sa City of New Albany Homeownership Assistance Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Neighborly Software online application portal; first-come, first-served rolling basis. 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.