Launch – Down Payment Assistance

Ang Launch – Down Payment Assistance ay isang loan na mapapatawad para sa mga bibili ng bahay sa Indiana, na pinangangasiwaan ng Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis). Launch is FHLBank Indianapolis's annual down payment assistance program for income-qualified first-time homebuyers purchasing a primary residence in Indiana or Michigan. It provides a grant of up to $20,000 (or 20% of the purchase price, whichever is less) toward down payment, closing costs, and housing counseling costs. The funds are delivered through participating FHLBI member financial institutions, never directly to households, and are subject to a five-year retention agreement under which a pro-rated amount may be recaptured from net proceeds if the home is sold or refinanced within five years. Up to $20,000 toward down payment, closing costs and housing counseling. Grant forgiven over 5-year retention period. Available with first mortgage through participating FHLBI member lenders. Ang pondo ay mula sa FHLBank Indianapolis Affordable Housing Program (AHP) Homeownership Initiatives set-aside.

Nag-aalok ang Launch – Down Payment Assistance ng tulong mula $1,000 hanggang $20,000. Ambag ng bibili ng bahay: Homebuyer must contribute a minimum of $500 in personal cash funds (earnest money, cash to close, or closing costs paid outside of closing). Maaaring isama ang programa sa May be combined with a first mortgage from a participating FHLBI member; cannot stack a second FHLB grant on the same property. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang Launch – Down Payment Assistance pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Pro-rated repayment from net proceeds if the home is sold or refinanced within the 5-year retention period; exceptions for sale/transfer to a very low-, low-, or moderate-income household, qualifying refinances, death of sole owner, or when calculated repayment is less than $2,500. Nakatala ang tulong bilang lien sa posisyong Subordinate (retention agreement/lien filed with municipal office). 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 Launch – Down Payment 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 = no ownership interest in a principal residence during the 3-year period ending on the purchase date. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Any organization experienced in homebuyer/homeowner counseling; completion certificate required; may be in-person or online. Requirement sa paninirahan: Property must be purchased in Indiana or Michigan and occupied as primary residence by all individuals in title.

Nililimitahan ng Launch – Down Payment 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 at or below 80% of HUD area median income (AMI) for household size and the county where the property is located, at the time of enrollment. 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 Launch – Down Payment Assistance ang presyo ng pagbili: No stated maximum purchase price; subsidy capped at lesser of $20,000 or 20% of purchase price. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family, Condo, Townhouse, 2-4 Unit, Manufactured, at Co-op. Hindi kwalipikado ang bagong gawang bahay. Kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Launch – Down Payment Assistance ang mga bibili ng bahay kahit saan sa Indiana.

Dumadaan sa Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) ang mga aplikasyon para sa Launch – Down Payment Assistance, 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 via FHLBI member through the .GIVES online system until funds exhausted. 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.