Building Neighborhoods and Affordable Homes Program

Building Neighborhoods and Affordable Homes Program是面向Chicago，Illinois购房者的可免除贷款。 The Building Neighborhoods and Affordable Homes (BNAH) Program is the City of Chicago Department of Housing's flagship gap-financing program for buyers of newly-built homes constructed on previously city-owned lots transferred via Land Sale Redevelopment Agreements or City Lots for Working Families Agreements. Provides up to $100,000 as a 10-year, 0% interest deferred forgivable second mortgage. Buyer must occupy as primary residence; loan is fully forgiven after 10 years. CDBG-funded for <=80% AMI; AHOF-funded for 81%-140% AMI. Expanded citywide in 2023. Up to $100,000 in purchase-price gap-financing assistance for the purchase of a primary, owner-occupied newly-constructed single-family residential building (1-4 dwelling units) built pursuant to a City of Chicago Land Sale Redevelopment Agreement or City Lots for Working Families Agreement. Structured as a 10-year, 0% interest deferred forgivable loan (forgivable note conditioned on continued owner-occupancy for the 10-year term). No monthly payments. Loan is forgiven at the end of the 10-year occupancy period. sale/refi/non-occupancy before maturity triggers a prorated payback to the City. Funded through CDBG (for buyers <=80% AMI) and the City's Affordable Housing Opportunity Fund (AHOF) (for buyers 81%-140% AMI). 资金来自Local、Federal、CDBG和AHOF。

Building Neighborhoods and Affordable Homes Program提供最高$100,000的援助。 购房者自付部分：Per first-mortgage product。 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。

Building Neighborhoods and Affordable Homes Program在10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：Deferred (no monthly payments)和fully forgiven at end of 10-year owner-occupancy term. Prorated unforgiven balance due if home is sold, refinanced with cash-out, transferred, or ceases to be primary residence before 10 years. 该援助以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。

Building Neighborhoods and Affordable Homes 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：Per first-mortgage lender requirements; no separate BNAH FICO floor。 须参加购房者教育课程，由DOH-approved HUD-certified housing counseling agency (homebuyer education recommended/required by developer or DOH).提供。 居住要求：Property must be within the City of Chicago, owner-occupied as primary residence for 10 years。 公民身份或移民身份：U.S. citizen or qualifying non-citizen with eligible immigration status (per HUD CDBG rules where applicable)。 Property MUST be a newly-constructed single-family residential building (1-4 units) built pursuant to a City of Chicago Land Sale Redevelopment Agreement or City Lots for Working Families Agreement (i.e., on a city-owned lot transferred at below-market price). Buyer must occupy as primary residence for 10 years. Household income at or below 140% Chicago AMI. Income tier dictates funding source: <=80% AMI uses HUD CDBG; 81%-140% AMI uses City AHOF. Available citywide (program expanded city-wide in 2023).

Building Neighborhoods and Affordable Homes Program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。 Household income at or below 140% of Chicago-Naperville-Elgin MSA AMI per HUD/Chicago annual chart. Seed range $109,900-$207,200 reflects 80%-140% AMI by household size. 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。

Building Neighborhoods and Affordable Homes Program的房价上限如下：Per BNAH-approved newly-constructed home (purchase price set per the underlying City Land Sale Redevelopment Agreement or City Lots for Working Families Agreement). 符合条件的房屋类型包括Newly-constructed single-family residential building (1-4 dwelling units) built pursuant to a City Land Sale Redevelopment Agreement or City Lots for Working Families Agreement。 新建房屋符合条件。 预制房屋不符合条件。

Building Neighborhoods and Affordable Homes Program服务于在Chicago，Illinois购房的购房者。

Building Neighborhoods and Affordable Homes 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 via the BNAH home developer at time of purchase contract; subject to City DOH approval and annual CDBG/AHOF allocation.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。