Genesee County Down Payment Assistance Program

Genesee County Down Payment Assistance Program是面向Genesee县，Michigan购房者的可免除贷款，由Genesee County Metropolitan Planning Commission (GCMPC)管理。 The Genesee County Metropolitan Planning Commission (GCMPC) provides up to $10,000 to first-time homebuyers to purchase their first home in Genesee County (excluding the Cities of Flint and Clio and the Villages of Otter Lake and Lennon). Funded with HOME Investment Partnership funds from HUD, the assistance is a no-interest loan that is forgiven if the homeowner remains in the home for 5 years; it must be repaid in full if the property is sold within the five-year period. A mortgage and promissory note are recorded as a lien. The program works in collaboration with participating financial institutions; a borrower must first secure a mortgage with an approved lender. Total program funding availability noted as $100,000. Down payment assistance. Closing cost assistance. 资金来自HOME Investment Partnerships Program (HUD), administered by Genesee County / GCMPC。

Genesee County Down Payment Assistance Program提供最高$10,000的援助。 购房者自付部分：Homebuyer must contribute either 1% of the sales price or $500, whichever is greater. 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Genesee County Metropolitan Planning Commission (GCMPC)决定。

Genesee County 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：Loan must be repaid in full if the property is sold during the five-year forgiveness period; forgiven if homeowner remains in the home for 5 years. 该援助以Second (subordinate to the primary mortgage lender)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。

Genesee County 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。 “首次购房者”通常指过去三年内未拥有房屋，但该项目有自己的定义。 须参加购房者教育课程，由Eight (8) hours of housing counseling through a HUD-approved Housing Counseling Agency serving Genesee County (required after DPA approval).提供。 Loan TERM: no-interest deferred-payment second loan, forgiven after 5 years of owner-occupancy, repaid in full if sold within 5 years. Buyer must be a first-time homebuyer, occupy as primary residence, have zero interest in any other property, and have assets/cash reserves of no more than $30,000. Must contribute the greater of 1% of sales price or $500. 8 hours of HUD-approved housing counseling required after approval.

Genesee County 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 income at or below 80% of area median income, adjusted for household size (HUD-released 6/01/26 limits for Flint/Genesee County; FY2026 MFI $82,100): 1 person $46,850; 2 $53,550; 3 $60,250; 4 $66,900; 5 $72,300; 6 $77,650; 7 $83,000; 8 $88,350. 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。

Genesee County Down Payment Assistance Program的房价上限如下：Purchase price must be within current affordable FHA loan limits for Genesee County (per HUD lookup). 符合条件的房屋类型包括Single-family。

Genesee County Down Payment Assistance Program服务于在Genesee县，Michigan购房的购房者。

Genesee County Down Payment Assistance Program的申请通过Genesee County Metropolitan Planning Commission (GCMPC)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Borrower applies for a mortgage through a participating/approved lending institution; DPA provided after mortgage approval.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。