Home Buyers Assistance Program Participation Initiative (HAPPI)

Ang Home Buyers Assistance Program Participation Initiative (HAPPI) ay isang loan na mapapatawad para sa mga bibili ng bahay sa Shreveport, Louisiana. City of Shreveport HUD HOME/CDBG-funded forgivable second mortgage for first-time homebuyers up to 80% AMI. Up to 20% of sales price or appraised value. Targeted Neighborhood enhanced caps: $10K existing property / $20K new construction. Both applicant and co-applicant must complete HUD-certified homebuyer education. No manufactured housing, no HUD/VA repos. City of Shreveport's Home Buyers Assistance Program Participation Initiative (HAPPI) provides down payment, buy-down, and closing cost assistance through approved private lenders. Maximum assistance is up to 20% of sales price OR appraised value (whichever is less), depending on percentage of area median income. Tiered amounts in 19 designated Targeted Neighborhoods: up to $10,000 for purchase of an existing property in a Targeted Neighborhood. up to $20,000 for purchase of NEW CONSTRUCTION in a Targeted Neighborhood. Structured as a HUD HOME / CDBG-funded forgivable second mortgage. Ang pondo ay mula sa Federal, HOME, CDBG, at City.

Nagbibigay ang Home Buyers Assistance Program Participation Initiative (HAPPI) ng tulong na katumbas ng 20% ng presyo ng pagbili, ayon sa itinakda ng programa. Ambag ng bibili ng bahay: Per first-mortgage product (3.5% FHA, 0% VA, 3-5% conventional). 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.

Pinapatawad ang Home Buyers Assistance Program Participation Initiative (HAPPI) pagkalipas ng 10 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may HUD HOME-funded forgivable second mortgage typical structure. Affordability period per 24 CFR 92.254: 5 years (assistance < $15K), 10 years ($15K-$40K), at 15 years (>$40K). Recapture limited to net proceeds if sold/transferred/vacated during affordability period. Nakatala ang tulong bilang lien sa posisyong 2nd Lien. 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 Home Buyers Assistance Program Participation Initiative (HAPPI) 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 homeownership in past 3 years. Tungkol sa credit, sinasabi ng programa: No specific City-imposed minimum FICO; applicants must have sufficient credit to qualify with a HAPPI-approved lender. Lender overlays apply. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Approved Homebuyer Education Providers list (2023 directory at shreveportla.gov/DocumentCenter/View/21989). Education provider must be a non-profit and/or HUD-Designated Counseling Agency. Both applicant and co-applicant must complete homebuyer education classes. Catholic Charities of North Louisiana (CCNLA) provides FTHB classes. Requirement sa paninirahan: Property must be located within City of Shreveport limits. Borrower must occupy as primary residence for HUD HOME affordability period. Citizenship o katayuan sa imigrasyon: Per HUD HOME federal eligibility - U.S. citizen or qualifying non-citizen. First-time homebuyer required (no homeownership in past 3 years). Annual household income at or below 80% AMI per HUD for City of Shreveport (2024-2025 1p=~$36,700; 8p=~$69,200 per seed range). Completed approved homebuyer education class (both applicant and co-applicant). Sufficient credit to qualify with one of the City's HAPPI Approved Lenders. Maximum assistance up to 20% of sales price or appraised value (lesser), tiered by AMI %. NO HUD-, VA-, or repossessed properties or manufactured housing eligible. Properties eligible for HUD mortgage insurance must meet minimum property standards; non-insured properties must meet HQS. 19 Targeted Neighborhoods receive enhanced caps (up to $10K existing / $20K new construction).

Nililimitahan ng Home Buyers Assistance Program Participation Initiative (HAPPI) ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Annual household income at or below 80% AMI per HUD for City of Shreveport / Caddo Parish (2024-2025 1p=~$36,700; 8p=~$69,200 per seed range). Assistance amount tiered by exact AMI percentage. 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 Home Buyers Assistance Program Participation Initiative (HAPPI) ang presyo ng pagbili: No explicit maximum purchase price; assistance capped at 20% of sales price OR appraised value (lesser). Targeted Neighborhood enhanced caps: $10K (existing) / $20K (new construction). Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, condominium, townhouse within City of Shreveport. NO manufactured housing. NO HUD-, VA-, or repossessed properties. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Binabanggit ng Home Buyers Assistance Program Participation Initiative (HAPPI) ang mga beterano, mga miyembro ng militar na nasa aktibong serbisyo, mga reservist at miyembro ng National Guard, at mga naiwang asawa sa mga grupong pinaglilingkuran nito. Ang pagkakabanggit dito ay nangangahulugang binabanggit ng programa ang grupo, hindi na sapat na ang pagiging miyembro para maging kwalipikado ang isang aplikante — nalalapat pa rin ang iba pang patakaran sa eligibility.

Pinaglilingkuran ng Home Buyers Assistance Program Participation Initiative (HAPPI) ang mga bibili ng bahay sa Shreveport, Louisiana. Tinutukoy ng programa ang mga partikular na lugar: 19 designated Targeted Neighborhoods within City of Shreveport receive enhanced HAPPI caps: up to $10,000 existing property / $20,000 new construction. Designated by City Community Development Department; maps at shreveportla.gov/DocumentCenter/Index/361.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Home Buyers Assistance Program Participation Initiative (HAPPI), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Apply through HAPPI Approved Lender, who coordinates with City of Shreveport Department of Community Development. Subject to HOME/CDBG annual allocation. 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.