Central Baltimore Homebuying Incentive Program

Ang Central Baltimore Homebuying Incentive Program ay isang loan na mapapatawad para sa mga bibili ng bahay sa Baltimore, Maryland. $10,000 deferred (non-forgivable, 0%) second mortgage for buyers in 7 Central Baltimore neighborhoods (Barclay, Charles North, East Baltimore Midway, Greenmount West, Harwood, Old Goucher, Remington). 100% AMI cap. FTHB and repeat buyers. Administered by Central Baltimore Partnership. $10,000 down payment / closing cost assistance for buyers purchasing in seven Central Baltimore neighborhoods: Barclay, Charles North, East Baltimore Midway, Greenmount West, Harwood, Old Goucher, and Remington. Structured as a 0% interest DEFERRED loan (NOT forgivable) - principal is due in full upon sale, transfer, refinance (cash-out), or non-owner-occupancy. No monthly payment. Income limit up to 100% of Central Baltimore neighborhood median income (~$73,600 1-person to $153,300+ family of four/larger. LendSquawk seed range $81,300 1-person to $153,300 8-person). Open to first-time AND repeat buyers. Buyer must contribute $1,000+ of own funds. Homeownership counseling certificate from city-approved agency required. Stacks with Baltimore City First-Time Homebuyers Incentive Program and Maryland Mortgage Program. Administered by Central Baltimore Partnership (CBP). funded by foundation/state/city sources targeted to revitalize Central Baltimore corridor. Ang pondo ay mula sa Foundation, Local Government, at State.

Pinapatawad ang Central Baltimore Homebuying Incentive Program pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Five-year forgivable loan ($10,000 East Harwood / $15,000 Midway). Prorated unforgiven balance due if owner-occupancy/primary-residence requirement is broken within the 5-year term; otherwise forgiven over 5 years. 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 Central Baltimore Homebuying Incentive Program sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Tungkol sa credit, sinasabi ng programa: No CBP-published minimum; first-mortgage lender's product minimums apply. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Baltimore City-approved homeownership counseling agencies (NHS of Baltimore, Druid Heights CDC, Belair-Edison, Southeast CDC, GO Northwest). Requirement sa paninirahan: Property must be located in one of the seven eligible Central Baltimore neighborhoods and serve as primary residence. Citizenship o katayuan sa imigrasyon: Per first-mortgage product rules. Property must be located in one of seven eligible Central Baltimore neighborhoods: Barclay, Charles North, East Baltimore Midway, Greenmount West, Harwood, Old Goucher, Remington. Owner-occupied primary residence. 100% Central Baltimore neighborhood median income cap. Buyer must complete homeownership counseling and obtain certificate from city-approved agency before making offer. $1,000 minimum buyer contribution. Repayment due in full on sale, transfer, refinance (cash-out), or non-owner-occupancy (NOT forgivable). Open to first-time and repeat buyers.

Nililimitahan ng Central Baltimore Homebuying Incentive 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 at or below 100% of Central Baltimore neighborhoods' median income (~$73,600 individual / ~$105,100 family of four). LendSquawk seed range $81,300-$153,300 reflects scaled household-size limits up through 8-person. 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 Central Baltimore Homebuying Incentive Program ang presyo ng pagbili: No CBP-published purchase-price ceiling; subject to first-mortgage lending limits. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, Townhome, Rowhouse, at Condominium. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Central Baltimore Homebuying Incentive Program ang mga bibili ng bahay sa Baltimore, Maryland. Tinutukoy ng programa ang mga partikular na lugar: TARGETED NEIGHBORHOODS: Eligible only for properties located in Barclay, Charles North, East Baltimore Midway, Greenmount West, Harwood, Old Goucher, or Remington (7 Central Baltimore corridor neighborhoods). Designed to spur revitalization in these specific areas.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Central Baltimore Homebuying Incentive Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Application processed through Central Baltimore Partnership; pre-approval required before closing. 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.