First-Time Homebuyer Assistance

First-Time Homebuyer Assistance是面向Buffalo，New York购房者的补助金。 The City of Buffalo's First-Time Homebuyer Assistance Program, administered by the Office of Strategic Planning, provides a grant of up to $5,000 toward down payment and closing costs for income-qualified first-time buyers purchasing a 1-2 family primary residence within the City of Buffalo. Funded with HUD CDBG and HOME funds, the grant is forgiven over a 5-year affordability period subject to continued owner-occupancy. Buyers must complete HUD-approved pre-purchase counseling and the property must pass City code/HQS inspection. Grant of up to $5,000 toward down payment and closing costs for income-qualified first-time buyers purchasing a primary residence in the City of Buffalo. Funded by HUD CDBG/HOME via the City's Office of Strategic Planning. Forgivable over a 5-year affordability period with pro-rata recapture if owner-occupancy lapses. 资金来自HOME、CDBG、Federal和Local Government。

First-Time Homebuyer Assistance属于补助金，因此无需偿还。 触发还款的情形：Pro-rata recapture of unforgiven balance if borrower sells, transfers, refinances with cash-out, rents, or vacates within 5 years. 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 Assistance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; standard HUD exceptions for displaced homemakers and single parents apply. 关于信用，该项目说明：No fixed minimum published; per first-mortgage product (typically 620+ conventional, 580+ FHA)。 须参加购房者教育课程，由Belmont Housing Resources for WNY; West Side Neighborhood Housing Services; NeighborWorks Community Partners of Buffalo - all HUD-approved提供。 居住要求：Property must be located within the City of Buffalo and used as borrower's principal residence. 公民身份或移民身份：U.S. citizen or eligible non-citizen per HUD HOME and first-mortgage rules。 First-time buyer required (no homeownership in past 3 years). Property must be a 1-2 family home located within the City of Buffalo and used as principal residence. Maximum purchase price $223,000 (existing) to $286,000 (new construction) per HUD HOME 95% median-value rule for Buffalo-Cheektowaga MSA. Income at or below 80% AMI for Buffalo MSA: 1-person ~$52,000 to 4-person ~$98,050 (HUD FY2025). Buyer must complete HUD-approved homebuyer education with a participating counseling agency. Property must pass City code/HQS inspection and meet lead-paint standards. 5-year affordability period with pro-rata recapture if home is sold, transferred, refinanced with cash-out, or no longer owner-occupied.

First-Time Homebuyer Assistance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% HUD AMI for Buffalo-Cheektowaga MSA: 1-person ~$52,000 to 4-person ~$98,050 (HUD FY2025). 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 Assistance将房价上限设为$286,000。 符合条件的房屋类型包括Single-family detached和2-family owner-occupied。 新建房屋符合条件。 预制房屋不符合条件。

First-Time Homebuyer Assistance服务于在Buffalo，New York购房的购房者。

First-Time Homebuyer Assistance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Apply via City of Buffalo Office of Strategic Planning after executing purchase contract; first-come, first-served subject to fund availability.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。