Develop Louisville Down Payment Assistance Program

Develop Louisville Down Payment Assistance Program是面向Louisville，Kentucky购房者的可免除贷款，由Louisville Metro Government, Office of Housing & Community Development (Develop Louisville)管理。 Develop Louisville's Office of Housing & Community Development offers down payment and closing cost assistance to low- and moderate-income homebuyers purchasing in Louisville/Jefferson County. Assistance is a partially forgivable 0% interest second mortgage of up to 20% of the purchase price, capped at $40,000, based on need. Buyers occupy as primary residence for a 5- or 10-year affordability period; 50% is forgiven by the end and the remainder is due interest-free only at sale. 0% interest forgivable second mortgage. Up to 20% of purchase price (max $40,000). 50% forgiven by end of affordability period. No prepayment penalty. Remaining balance interest-free, due only at sale. Available to repeat buyers who don't currently own. 资金来自Federal HOME Investment Partnerships Program (HUD)。

Develop Louisville Down Payment Assistance Program提供最高$40,000的援助。 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Louisville Metro Government, Office of Housing & Community Development (Develop Louisville)决定。

Develop Louisville Down Payment Assistance 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：Remaining (unforgiven) principal is due upon sale; 50% forgiven by end of the 5- or 10-year affordability period. Loans <=$14,999: 5-year POA, 50% forgiven at year 5. Loans $15,000-$40,000: 10-year POA, 10% forgiven per year years 6-10. 该援助以Second mortgage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。

Develop Louisville Down Payment Assistance 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：No minimum credit score; credit report must show no unpaid collections/charge-offs and no undischarged bankruptcies. Up to $10,000 medical collections allowed. 须参加购房者教育课程，由Minimum 6 hours of homeownership counseling from a HUD-certified agency (Apprisen, eHome America, REACH KY, HPI, Louisville Urban League)提供。 居住要求：Home must be purchased within Louisville/Jefferson County Metro area。 Buyer must complete 6 hours of HUD-certified counseling, obtain lender pre-approval (no co-signers), make a minimum $500 contribution plus recording fee, and have at least $2,000 across bank accounts. Front-end target 25-30%; back-end max 43% (50% incl. student loans). Liquid assets $15,000+ must be partially contributed. Home must pass Metro + private inspection; not eligible if in a flood plain. First-come, first-served, subject to Case Review Board approval.

Develop Louisville Down Payment 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 gross income at or below 80% of HUD area median, adjusted for family size. 2024: 1p $54,000; 2 $61,700; 3 $69,400; 4 $77,100; 5 $83,300; 6 $89,450; 7 $95,650; 8 $101,800. 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。

Develop Louisville Down Payment Assistance Program将房价上限设为$260,000。 符合条件的房屋类型包括Single Family、Condo、Co-op、Modular和2-4 Unit。 新建房屋符合条件。 预制房屋符合条件。

Develop Louisville Down Payment Assistance Program服务于在Louisville，Kentucky购房的购房者。 该项目针对特定区域：Encourages homeownership in Metro's Neighborhood Revitalization Strategy Area (Russell) and vacant/abandoned property reinvestment; can combine with the Louisville Affordable Housing Trust Fund REVERT program.

Develop Louisville Down Payment Assistance Program的申请通过Louisville Metro Government, Office of Housing & Community Development (Develop Louisville)办理，该机构在其网站上公布现行条款和申请步骤。 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。