Vine City Renaissance Initiative (VCRI)

Vine City Renaissance Initiative (VCRI)是面向Atlanta，Georgia购房者的可免除贷款。 The Vine City Renaissance Initiative (VCRI) is an Invest Atlanta homebuyer incentive funded from the Georgia Dome Trust Fund (a 1989 community-revitalization escrow tied to the Georgia Dome bonds). It provides $20,000 in down payment and closing-cost assistance — fully forgiven after 5 years of owner-occupancy — for buyers committing to live in the historic Vine City, English Avenue, and Castleberry Hill neighborhoods on Atlanta's Westside. There is no first-time homebuyer requirement and no purchase-price cap. The incentive can be paired with a renovation first mortgage to support reinvestment in the area's older housing stock. $20,000 toward down payment and/or closing costs as a 0% soft second mortgage fully forgiven after 5 years of owner-occupancy. Can be used with a renovation first mortgage (FHA 203(k) or Fannie Mae HomeStyle). 资金来自Georgia Dome Trust Fund (community revitalization escrow)。

Vine City Renaissance Initiative (VCRI)提供最高$20,000的援助。 该项目要求购房者自付$1,500 borrower contribution。 该项目可与其他援助结合使用，但须遵守各项目的规定。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

Vine City Renaissance Initiative (VCRI)在5年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Sale, transfer, refinance (cash-out), or loss of owner-occupancy within the 5-year affordability period。 该援助以Subordinate (2nd lien)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。

Vine City Renaissance Initiative (VCRI)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：Set by participating lender。 须参加购房者教育课程，由Resources for Residents & Communities和Committed to Communities (special renovation education class)提供。 居住要求：Property must be within the VCRI boundary (Vine City / English Avenue / Castleberry Hill) and occupied as primary residence。 Property must be located within the VCRI incentive boundary: Donald L. Hollowell Pkwy (north), Northside Dr (east), Martin Luther King Jr Dr (south), Joseph E. Lowery Blvd (west) — covering Vine City, English Avenue and Castleberry Hill. No purchase-price cap. $25,000 liquid-asset cap. $1,000 program fee. Must contribute $1,500 of own funds. Must qualify with an Invest Atlanta participating lender on a 30-year fixed FHA, VA, or conventional first mortgage. Owner-occupied; no other property ownership at closing. Must complete special renovation education class.

Vine City Renaissance Initiative (VCRI)将家庭收入限制在地区收入中位数的140%，该数值因县和家庭人数而异。 Income limit by household size: 1p $112,000; 2p $127,960; 3p $143,920; 4p $159,880; 5p $172,760. Tied to 140% AMI for the Atlanta MSA. 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。

Vine City Renaissance Initiative (VCRI)的房价上限如下：No maximum purchase price for this incentive。 符合条件的房屋类型包括Single-Family、2-4 Unit、Townhome和Condo。 新建房屋符合条件。 预制房屋不符合条件。

Vine City Renaissance Initiative (VCRI)服务于在Atlanta，Georgia购房的购房者。 该项目针对特定区域：VCRI boundary: Donald L. Hollowell Pkwy (N), Northside Dr (E), Martin Luther King Jr Dr (S), Joseph E. Lowery Blvd (W) — Vine City, English Avenue and Castleberry Hill。

Vine City Renaissance Initiative (VCRI)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Reservations made by participating lender through eHousingPlus once buyer is under contract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。