Down Payment Assistance (DPA) Program

Ang Down Payment Assistance (DPA) Program ay isang ipinagpalibang pangalawang loan para sa mga bibili ng bahay sa Durham, North Carolina. City of Durham deferred 0% second mortgage up to $80,000 for first-time homebuyers within Durham city limits. 80% AMI cap. 30-year affordability period; due on sale/transfer/refinance with shared-appreciation recapture. HOME/CDBG/local-bond funded. City of Durham Down Payment Assistance: up to $80,000 (in 2024/26 the program was significantly expanded from previous $20,000-$40,000 ceilings as part of the City's affordable-housing bond initiatives) for income-qualified first-time homebuyers purchasing a primary residence within Durham city limits. Structured as a 0% deferred second mortgage, due on sale/transfer/refinance with proportional shared-appreciation recapture, with a 30-year affordability term. Pairs with NCHFA, FHA, VA, USDA, and Conventional first mortgages. Required: HUD-approved homebuyer education (8 hours) and one-on-one counseling. Ang pondo ay mula sa Federal HOME, Federal CDBG, Local Government, at Local Bond.

Pinapatawad ang Down Payment Assistance (DPA) Program pagkalipas ng 30 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Deferred 0% loan, principal due on sale, transfer, refinance (cash-out), or non-owner-occupancy. Some tiers carry shared-appreciation recapture, at some are forgiven over 30 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 Down Payment Assistance (DPA) Program 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": Standard FTHB requirement (no primary residence ownership past 3 years); displaced homemaker / single-parent exceptions per HUD. Tungkol sa credit, sinasabi ng programa: Generally 640 minimum (per first-mortgage product); City does not impose its own credit-score floor beyond underwriter requirements. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng HUD-approved housing counseling agencies including Reinvestment Partners (Durham), HEPCDC, and OnTrack WNC. Requirement sa paninirahan: Property must be located within City of Durham corporate limits and serve as borrower's primary residence. Citizenship o katayuan sa imigrasyon: U.S. citizen or eligible non-citizen (per HUD CDBG/HOME rules). First-time homebuyer (no ownership of primary residence in past 3 years). Owner-occupied primary residence within Durham city limits. Household income at or below 80% AMI for Durham-Chapel Hill HMFA (FY2025: 1-person $56,650 to 8-person $106,800). Property must pass HQS inspection. Pre-1978 properties require lead-based-paint risk assessment. 8-hour HUD-approved education plus 1-on-1 counseling. Minimum $1,000 buyer contribution. Reserve assets capped (typically 2-6 months PITI). Subject to City Community Development environmental review (HOME/CDBG).

Nililimitahan ng Down Payment Assistance (DPA) Program 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% AMI for Durham-Chapel Hill HMFA per HUD Section 8. FY2025: 1-person $56,650 to 8-person $106,800. 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 Down Payment Assistance (DPA) Program ang presyo ng pagbili: Subject to HUD HOME 95% area median sales price limits for Durham-Chapel Hill HMFA (refer to current HUD published values). Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-family detached, Townhome, at Condominium. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Down Payment Assistance (DPA) Program ang mga bibili ng bahay sa Durham, North Carolina.

Dumadaan sa ang ahensyang nangangasiwa ang mga aplikasyon para sa Down Payment Assistance (DPA) Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Apply directly to City of Durham Community Development. Income certification, credit review, and property eligibility determination performed by City staff. Pre-purchase counseling certificate required. 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.