Affordability Program

Affordability Program是面向Durango，Colorado购房者的增值共享贷款。 AFFORDABILITY is HomesFund's lower-income tier of shared-appreciation down payment assistance, targeting households at or below 80% AMI. Largest absolute and percentage assistance of any HomesFund tier because eligibility is reserved for the households with the deepest affordability gap. Often funded by CDBG pass-through from City of Durango/DOLA, plus HomesFund internal CDFI capital and Treasury CDFI awards. No monthly payment for the life of the loan; HomesFund recoups at sale/transfer/refi via shared appreciation. HomesFund's lower-income tier (<=80% AMI) of shared-appreciation down payment assistance. Largest typical assistance amounts of any HomesFund tier because lower-income households need a deeper subsidy to make payments affordable. Loan amounts $15,000-$100,000+ -- shared-appreciation 2nd with no monthly payment for the life of the loan. 资金来自CDFI、Local Government和Foundation。

Affordability Program是增值共享贷款，按管理该项目的机构设定的条款偿还。 触发还款的情形：Sale, transfer of title, cash-out refinance, loss of owner-occupancy, or 30-year maturity。 该援助以2nd顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

Affordability Program面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：620 minimum FICO。 须参加购房者教育课程，由HomesFund HUD-approved Homebuyer Education (online via eHome America or in-person), plus required 1-on-1 counseling.提供。 居住要求：Owner-occupancy in 5-county SW Colorado service area。 公民身份或移民身份：Per 1st-mortgage AUS findings。 <=80% AMI income limit. Must complete HomesFund Homebuyer Education and submit complete application; meet with HomesFund Housing Counselor. Owner-occupancy required. Asset/net-worth caps. Subject to funding availability. Some loans funded with CDBG dollars channeled through City of Durango / DOLA -- those tranches add federal HUD CDBG compliance requirements (Davis-Bacon, environmental review on certain property types).

Affordability Program将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 <=80% AMI per HUD county limits. Per Freddie Mac DPA One: $48,720 (1-person, smaller county) to $109,760 (larger-household, La Plata). For example, per City of Durango/DOLA CDBG award, a 4-person household at 80% AMI in La Plata = ~$83,120; 2-person = ~$66,450. 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

Affordability Program将房价上限设为$640,000。 符合条件的房屋类型包括Single-family detached, townhome, warrantable condo, PUD, manufactured home with land。 新建房屋符合条件。 预制房屋符合条件。

Affordability Program服务于在Durango，Colorado购房的购房者。

Affordability Program的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Application reviewed first-come, first-served by HomesFund underwriting; subject to fund availability预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。