Township of Irvington Homeownership Program (First-Time Homebuyer / HOME)

Ang Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) ay isang loan na mapapatawad para sa mga bibili ng bahay sa Irvington, New Jersey, na pinangangasiwaan ng Township of Irvington Department of Economic Development and Grants Oversight (DEDGO). The Township of Irvington Homeownership Program uses federal HUD HOME funds to provide eligible first-time homebuyers up to $10,000 in down payment and/or closing-cost assistance toward a 1-4 family home, condo, co-op, or manufactured home within Irvington. The subsidy is secured by a lien with a 5-year affordability period and becomes a partially repayable loan (per a recapture schedule) only if the buyer sells, moves, or defaults before 5 years. Applicants must complete Urban League of Essex County homebuyer counseling, have a credit score of at least 640, at least $1,500 in savings, and earn at or below 80% AMI. Up to $10,000 DPA/closing-cost grant. Forgiven after 5 years. Condos, co-ops, manufactured homes eligible. Free HUD-approved counseling via Urban League of Essex County. Open to any lender. Ang pondo ay mula sa Federal HUD HOME Investment Partnerships Program.

Nag-aalok ang Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) ng tulong mula $1,000 hanggang $10,000. Mga award tier: Sliding scale based on the primary mortgage; minimum $1,000, maximum $10,000 per dwelling unit. Ambag ng bibili ng bahay: At least $1,500 in a savings account. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Township of Irvington Department of Economic Development and Grants Oversight (DEDGO) ang nagpapasya sa anumang indibidwal na award.

Pinapatawad ang Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) pagkalipas ng 5 taon, kaya hindi na ito babayaran ng bibili ng bahay na mananatili nang ganoon katagal. Kailangang bayaran kapag may Partial repayment (per recapture schedule) if buyer moves, sells, or defaults before the end of the 5-year affordability period. 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 Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) 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 defined as not having owned a home in the last 3 years. Tungkol sa credit, sinasabi ng programa: Minimum credit score of 640 with no late payments, collections, judgments, or tax liens in the past 12 months. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Urban League of Essex County (ULEC) First-Time Homeowners Program (HUD-approved); certificate required plus post-purchase counseling commitment. Requirement sa paninirahan: Property must be located within the Township of Irvington. Must complete Urban League of Essex County (ULEC) First-Time Homeowners Program and obtain certificate; no late payments/collections/judgments/tax liens in past 12 months; property must pass local Housing Standards and Lead-Based Paint inspections.

Nililimitahan ng Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) 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 area median income (HUD Section 8 low-income limits), adjusted for household size; revised annually. 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.

Magagamit ang Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) para sa Single Family, 2-4 Unit, Condo, Co-op, at Manufactured. Kwalipikado ang bagong gawang bahay. Kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Township of Irvington Homeownership Program (First-Time Homebuyer / HOME) ang mga bibili ng bahay sa Irvington, New Jersey.

Dumadaan sa Township of Irvington Department of Economic Development and Grants Oversight (DEDGO) ang mga aplikasyon para sa Township of Irvington Homeownership Program (First-Time Homebuyer / HOME), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Walk-in preliminary application at DEDGO office; referral to Urban League of Essex County counseling; then Program Participation Application and eligibility interview. 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.