Downpayment Assistance Program

Downpayment Assistance Program是面向Will县，Illinois购房者的可免除贷款。 The Will County HOME Consortium Downpayment Assistance Program, administered by the Will County Center for Community Concerns (WCCCC) on behalf of the Will County Land Use Department - Community Development Division, provides up to $25,000 in down payment and closing-cost assistance to income-eligible first-time homebuyers purchasing a primary residence within the Will County HOME Consortium service area. Funded through HUD HOME Investment Partnerships, the assistance is structured as a 0%-interest deferred-payment forgivable second-mortgage loan with a HOME affordability period. Up to $25,000 in down payment and closing-cost assistance for income-eligible first-time homebuyers purchasing a primary residence within the Will County HOME Consortium service area (Will County, IL outside Joliet which administers its own City of Joliet DPA program). Structured as a 0%-interest, deferred-payment forgivable second mortgage with recapture agreement. Awarded first-come, first-served subject to fund availability. 资金来自Federal HOME和Local Government。

Downpayment Assistance Program提供最高$25,000的援助。 购房者自付部分：Borrower must contribute at least $1,000 of own funds toward the purchase。 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。

Downpayment Assistance Program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：Deferred 0%-interest second mortgage with HOME affordability period (typically 5 years for assistance up to $25,000)和pro-rata recapture of unforgiven balance on sale, transfer, cash-out refinance, or loss of owner-occupancy during the affordability period. 该援助以2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。

Downpayment Assistance Program面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time homebuyer = no homeownership in prior 3 years; standard HUD displaced-homemaker / single-parent exceptions apply. 关于信用，该项目说明：No published Will County-specific minimum; first-mortgage product credit-score minimums apply。 须参加购房者教育课程，由HUD-approved housing counseling agency: Will County Center for Community Concerns (WCCCC) - 8-hour pre-purchase homeownership counseling required.提供。 居住要求：Property must be located within the Will County HOME Consortium service area (Will County, IL outside the City of Joliet) and serve as borrower's primary residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product rules。 Applicant must be a first-time homebuyer (no homeownership in prior 3 years). Household income at or below 80% HUD AMI for the Chicago-Naperville-Elgin HMFA, Will County portion (approximate range $62,800 1-person to $118,450 8-person under 2025 HUD limits). Property must be located within the Will County HOME Consortium service area (Will County, IL outside the City of Joliet, which administers its own DPA program) and serve as borrower's primary residence. Pre-purchase HUD-approved homebuyer counseling (8 hours) required through WCCCC. Loan is 0%-interest, deferred-payment, secured by a second mortgage and recapture agreement. HOME-funded; HUD HOME affordability period applies (typically 5 years for assistance under $25,000).

Downpayment Assistance 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。 Household income at or below 80% HUD AMI for the Chicago-Naperville-Elgin HMFA (Will County portion). 2025 approximate range: $62,800 (1-person) to $118,450 (8-person). 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。

Downpayment Assistance Program的房价上限如下：No published Will County-specific maximum purchase price; subject to first-mortgage product limits and HUD HOME affordability rules. 符合条件的房屋类型包括Single-family detached、Townhome和Condominium。 新建房屋符合条件。 预制房屋不符合条件。

Downpayment Assistance Program服务于在Will县，Illinois购房的购房者。

Downpayment Assistance 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 processed by Will County Center for Community Concerns (program administrator) in coordination with first-mortgage lender; awarded first-come, first-served subject to 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。