Newberry Affordable Homeownership Program (Down Payment Assistance)

Newberry Affordable Homeownership Program (Down Payment Assistance)是面向Detroit，Michigan购房者的可免除贷款，由MiSide Community Impact Network (formerly Southwest Solutions / Southwest Economic Solutions)管理。 A place-based affordable homeownership program by MiSide (formerly Southwest Solutions) converting 60 former LIHTC rental homes in the Newberry/Chadsey-Condon area of SW Detroit to owner-occupancy. All buyers receive down payment assistance, and eligible buyers receive up to $20,000 as a conditional grant forgiven after five years of owner-occupancy. Homes sell for about $69,000 on 15-year mortgages, with required free homebuyer education; current Newberry renters get priority. Up to $20,000 forgivable DPA grant. Below-market ~$69,000 purchase price on a 15-year mortgage. Free homebuyer education and credit/financial counseling. 资金来自Private philanthropy - $2.5M Sam L. and Judith G. Yaker Fund, plus an anonymous $100,000 gift and an HBA Charitable & Educational Foundation grant. Not federal HOME/CDBG.

Newberry Affordable Homeownership Program (Down Payment Assistance)提供最高$20,000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MiSide Community Impact Network (formerly Southwest Solutions / Southwest Economic Solutions)决定。

Newberry Affordable Homeownership Program (Down Payment Assistance)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：Sale, transfer, refinance, or loss of owner-occupancy before completion of the 5-year residency period; fully forgiven after 5 years of owner-occupancy. 该援助以second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。

Newberry Affordable Homeownership Program (Down Payment Assistance)面向将房屋作为主要住所自住的购房者。 须参加购房者教育课程，由MiSide (formerly Southwest Solutions) HUD-approved, MSHDA-certified Homebuyer Education; online ehome America course accepted as equivalent.提供。 居住要求：Program limited to the Newberry community, an 8-block area in the Chadsey-Condon neighborhood of southwest Detroit; current renters get priority. LOAN TERM: conditional/forgivable DPA up to $20,000, 0% interest, no monthly payments, secured by a recorded lien; forgiven after 5 years of continuous owner-occupancy; recapture if borrower sells/refinances/vacates before 5 years. Buyers purchase one of 60 specific Newberry homes (~$69,000) on a 15-year mortgage. Funded entirely by private philanthropy (not federal). Distinct from the City of Detroit DPA (National Faith Homebuyers).

Newberry Affordable Homeownership Program (Down Payment Assistance)的收入限制如下：Targeted to low- and moderate-income families; the 60 Newberry homes were originally LIHTC affordable rental housing; current renters get priority. Specific thresholds not published. 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。

Newberry Affordable Homeownership Program (Down Payment Assistance)将房价上限设为$69,000。 符合条件的房屋类型包括Single Family。 新建房屋不符合条件。 预制房屋不符合条件。

Newberry Affordable Homeownership Program (Down Payment Assistance)服务于在Detroit，Michigan购房的购房者。 该项目针对特定区域：60 former LIHTC rental single-family homes in the Newberry area of Chadsey-Condon, SW Detroit, transitioning to owner-occupancy. 目标社区：Newberry community (8-block area), Chadsey-Condon, southwest Detroit。

Newberry Affordable Homeownership Program (Down Payment Assistance)的申请通过MiSide Community Impact Network (formerly Southwest Solutions / Southwest Economic Solutions)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。