Heart of Paducah Homebuyer Program

Heart of Paducah Homebuyer Program是面向Paducah，Kentucky购房者的可免除贷款，由Paducah Alliance of Neighbors (PAN)管理。 A homebuyer program run by the Paducah Alliance of Neighbors that lets income-qualified, mortgage-ready families purchase newly constructed or completely renovated affordable homes (1,000-1,500 sq ft) in heart-of-Paducah neighborhoods, with the City of Paducah's Southside/Walter Jetton area as an initial focus. To make the homes affordable, the construction/loan-cost gap is filled by layered subsidies from Kentucky Housing Corporation (HOME/Affordable Housing Trust Fund), the City of Paducah, and the Paducah Alliance of Neighbors or FHLB Cincinnati. Each subsidy is structured as a forgivable mortgage: live in the home 5-10 years (depending on the source) and owe nothing; move or sell during the period and repay the pro-rated unforgiven portion. Affordable newly-built or fully-renovated home. Layered down payment/gap subsidy. Forgivable mortgages. Buyer choice of finishes. Homebuyer counseling with partial reimbursement. 资金来自Kentucky Housing Corporation (federal HOME/HUD + Affordable Housing Trust Fund), City of Paducah, Paducah Alliance of Neighbors, and/or Federal Home Loan Bank of Cincinnati Affordable Housing Program。

Heart of Paducah Homebuyer 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：If the buyer moves out or sells during the 5-10 year forgiveness period (varies by funding source), the pro-rated unforgiven portion is repaid。 该援助以Forgivable second/subordinate mortgage(s)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。

Heart of Paducah Homebuyer 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：Must not have owned a home in the last three years; exceptions for divorcees who do not retain ownership of the marital home and for owners of substandard mobile homes。 关于信用，该项目说明：Credit score above the 660 range。 须参加购房者教育课程，由Online Homebuyer Counseling program (certificate of completion required)提供。 居住要求：Homes built/renovated in heart-of-Paducah neighborhoods (initial focus: Walter Jetton / Southside area)。

Heart of Paducah Homebuyer Program将家庭收入限制在$50,900。 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。

Heart of Paducah Homebuyer Program的房价上限如下：Homes financed with mortgages in the $80,000-$120,000 range depending on home size。 符合条件的房屋类型包括Single Family (newly constructed or fully renovated, 1,000-1,500 sq ft)。 新建房屋符合条件。 预制房屋不符合条件。

Heart of Paducah Homebuyer Program服务于在Paducah，Kentucky购房的购房者。 该项目针对特定区域：Heart-of-Paducah neighborhoods; initial focus on Walter Jetton / Southside area。 目标社区：Walter Jetton Area / Southside, Paducah。

Heart of Paducah Homebuyer Program的申请通过Paducah Alliance of Neighbors (PAN)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Submit program application; PAN verifies income, then buyer obtains lender pre-approval; qualified applicants placed on an Approved Homebuyer List worked top-down as homes/funding allow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。