First-Time Homebuyer Down Payment Assistance Program

First-Time Homebuyer Down Payment Assistance Program是面向Everett，Massachusetts购房者的可免除贷款。 The City of Everett First-Time Homebuyer Down Payment Assistance Program is an ARPA-funded forgivable second-mortgage program providing up to $20,000 to income-qualified first-time buyers purchasing within the City of Everett. The 5-year forgivable loan is administered by the Department of Planning & Development Housing Division. The Mayor expanded eligibility in 2025 to allow households earning up to 150% AMI and liquid assets up to $100,000. Awards are distributed first-come, first-served by date/time of completed application; multilingual applications are available. Up to $20,000 in forgivable down-payment assistance for income-qualified first-time buyers purchasing a 1-3 unit home or condominium in Everett. The forgivable second mortgage is forgiven 20% per year over 5 years, provided the home remains the buyer's primary residence and program requirements are met. 资金来自ARPA、Federal和Local Government。

First-Time Homebuyer Down Payment 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：Forgiven 20%/year over 5 years和unforgiven balance due upon sale, refinance with cash-out, transfer, or loss of owner-occupancy during the 5-year forgiveness 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。

First-Time Homebuyer Down Payment 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 buyer required (no ownership in past 3 years). 关于信用，该项目说明：Not formally published; lender minimums apply (typically 620+ for conforming/FHA)。 须参加购房者教育课程，由Urban Edge、Metro Housing Boston和other CHAPA-certified or HUD-approved counseling agencies提供。 居住要求：Property must be located within the City of Everett and used as the borrower's principal residence for the 5-year forgiveness period. 公民身份或移民身份：U.S. citizen or eligible non-citizen per first-mortgage product。 First-time buyer required (no homeownership in past 3 years). Property must be located in Everett, used as primary residence. Maximum household income up to 150% of HUD AMI for Boston-Cambridge-Newton HMFA. Liquid assets capped at $100,000 (per 2025 program expansion). Forgivable second mortgage at 20% per year over 5 years; if home is sold, refinanced, or no longer primary residence within 5 years, unforgiven balance is due. Funded by FY23 ARPA earmark of $400,000 plus subsequent allocations. Application available in English, Spanish, Portuguese, and Haitian Creole. Distributed first-come, first-served by date/time of completed application.

First-Time Homebuyer Down Payment Assistance Program将家庭收入限制在地区收入中位数的150%，该数值因县和家庭人数而异。 Up to 150% of HUD AMI for the Boston-Cambridge-Newton MSA (FY2025): approx. 1-person $62,340 to 8-person $178,250 across 80%-150% AMI bands. 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为8。 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。

First-Time Homebuyer Down Payment Assistance Program的房价上限如下：No published dollar cap; HUD HOME 95% median-value rule applies if HOME-funded portion is layered. 符合条件的房屋类型包括Single-family detached、Condominium和2-3 unit owner-occupied。 新建房屋符合条件。 预制房屋不符合条件。

First-Time Homebuyer Down Payment Assistance Program服务于在Everett，Massachusetts购房的购房者。

First-Time Homebuyer Down Payment 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First-come, first-served by date/time of completed application; paper applications available at City Planning Department and Everett Public Library locations (Parlin Memorial, Shute Memorial).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。