Home Ownership Program

Home Ownership Program是面向East Chicago，Indiana购房者的可免除贷款。 East Chicago HOP — Mayor & Department of Redevelopment provides 0% interest forgivable second mortgages for home purchases in East Chicago. Up to $25,000 for new construction (10-year forgivable) or $10,000 for existing homes (5-year forgivable). City employees receive enhanced amounts up to $30,000. Mandatory 8-hour Homebuyer Financial Education Workshop required. City of East Chicago Department of Redevelopment provides a 0% interest second-mortgage forgivable down-payment assistance loan: up to $25,000 for newly constructed homes (10-year forgivable, 10%/year), or up to $10,000 for pre-existing homes (5-year forgivable, 20%/year). City of East Chicago full-time employees are eligible for enhanced assistance up to $30,000 (per 2022+ DPA Program Guidelines). Funds may be used for down payment and closing costs. 资金来自City、Federal、CDBG和HOME。

Home Ownership 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：Forgiven equal percentages each year (10% over 10 years for new construction / 20% over 5 years for existing)和prorated balance due on sale, refinance, or non-occupancy within forgiveness term。 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。

Home Ownership 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：Verified case-by-case by Department of Redevelopment。 关于信用，该项目说明：Per first-mortgage product overlays。 须参加购房者教育课程，由Mandatory 8-hour Homebuyer Financial Education Workshop provided by the East Chicago Department of Redevelopment prior to receiving DPA.提供。 居住要求：Property must be located within East Chicago city limits and used as primary residence。 公民身份或移民身份：Per first-mortgage product overlays。 Property must be located within East Chicago city limits. Must be primary residence. Must complete 8-hour Homebuyer Financial Education Workshop. Income limits per HUD-published Lake County limits (specific bands not posted to city site — applicant's eligibility verified during application). Standard first-mortgage product underwriting applies. City employees receive enhanced amounts. Existing-home and new-construction tiers have different forgiveness terms.

Home Ownership Program的收入限制如下：Income limits per HUD-published Lake County, IN annual figures (specific tiers not posted publicly to city site as of April 2026). 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。

Home Ownership Program的房价上限如下：Not publicly posted; verified during application. 符合条件的房屋类型包括Single-family detached (existing reconstructed and newly constructed)。 新建房屋符合条件。 预制房屋不符合条件。

Home Ownership Program在其服务群体中提到了教育工作者、执法人员和消防员。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

Home Ownership Program服务于在East Chicago，Indiana购房的购房者。

Home Ownership 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Direct application through East Chicago Department of Redevelopment; first-come first-served subject to funding 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。