East Trenton Collaborative (ETC) Down Payment Assistance Program

East Trenton Collaborative (ETC) Down Payment Assistance Program是面向Trenton，New Jersey购房者的可免除贷款。 The East Trenton Collaborative (ETC) Down Payment Assistance Program is a place-based DPA grant operated by NJCC's Address Yourself(TM) program in partnership with the East Trenton Collaborative, a community-based organization focused on revitalizing the East Trenton neighborhood. The program provides up to $10,000 in down payment assistance to income-eligible first-time buyers purchasing 1-4 family primary residences within East Trenton (North Ward of Trenton). Funds may be used for down payment and closing costs. Structured as a 5-year forgivable grant. Provides up to $10,000 in down payment assistance grants to income-eligible buyers purchasing a 1-4 family primary residence in the East Trenton neighborhood of Trenton's North Ward. Minimum grant is $5,000 or the total of estimated down payment and closing costs (whichever is greater, up to $10,000). Five-year forgivable. 0% interest, no monthly payment. 资金来自Nonprofit和Foundation。

East Trenton Collaborative (ETC) 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：Sale, refinance (without subordination), or property no longer used as primary residence prior to 5-year forgiveness和balance forgiven 20% per year。 该援助以2nd Lien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。

East Trenton Collaborative (ETC) 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 homebuyer requirement applies (no ownership in prior 3 years)。 关于信用，该项目说明：Per first-mortgage product overlay (typically 620+ FICO)。 须参加购房者教育课程，由NJCC- and HUD-approved housing counseling agencies; pre-purchase counseling certificate (within 1 year) required提供。 居住要求：Property must be located within the East Trenton neighborhood of Trenton (Mercer County), NJ, and used as the borrower's primary residence。 公民身份或移民身份：U.S. citizen, qualified non-citizen, or ITIN holder eligible。 Property must be located within the East Trenton neighborhood (North Ward) of Trenton, NJ. Owner-occupied 1-4 family primary residence only (no investment / second homes). Must enroll in the Address Yourself homeownership program and complete HUD-approved pre-purchase counseling. ITIN holders eligible. Income must comply with HUD AMI guidelines (100% AMI by household size for Mercer County).

East Trenton Collaborative (ETC) Down Payment Assistance Program将家庭收入限制在地区收入中位数的100%，该数值因县和家庭人数而异。 Up to 100% of HUD Area Median Income for Mercer County, adjusted for household size. Approximate range (2025 HUD): 1-person ~ $88,400; 4-person ~ $126,200; 8-person ~ $166,600. Statewide cross-county range $88,400 - $166,600. 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。

East Trenton Collaborative (ETC) Down Payment Assistance Program的房价上限如下：No published maximum purchase price; subject to first-mortgage product limits。 符合条件的房屋类型包括1-4 family residential property occupied as primary residence。 新建房屋符合条件。 预制房屋不符合条件。

East Trenton Collaborative (ETC) Down Payment Assistance Program服务于在Trenton，New Jersey购房的购房者。 该项目针对特定区域：Eligible only for properties in the East Trenton neighborhood (North Ward) of Trenton, NJ. Place-based program designed to support revitalization of East Trenton.

East Trenton Collaborative (ETC) 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Reserved through Address Yourself application process once borrower is enrolled, preapproved, and under contract on a property in East Trenton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。