The American Dream Down Payment Initiative (ADDI)

The American Dream Down Payment Initiative (ADDI)是面向Cincinnati，Ohio购房者的延期第二贷款。 Cincinnati's flagship federal-HUD-funded down payment assistance program for first-time homebuyers. Up to $14,999 as a 0% interest, 5-year forgivable second mortgage. <=80% AMI, FTHB, owner-occupied within Cincinnati city limits. ADDI provides up to $14,999 in down payment and closing cost assistance to first-time homebuyers purchasing within Cincinnati city limits. Funds are structured as a 0% interest, deferred-payment second mortgage forgiven 20% per year over 5 years if owner remains in the home as primary residence. No monthly payments. Federal HUD HOME ADDI funding pass-through to City of Cincinnati Department of Community and Economic Development. 资金来自Federal、HUD、HOME、ADDI和CDBG。

The American Dream Down Payment Initiative (ADDI)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：Pro rata recapture if owner sells, refinances, transfers title, or vacates property before 5-year affordability period ends和fully forgiven after 5 years of owner-occupancy。 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。

The American Dream Down Payment Initiative (ADDI)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 waived for displaced homemakers and single parents per HUD definitions。 关于信用，该项目说明：640 minimum FICO recommended; first-mortgage lender overlays apply。 须参加购房者教育课程，由HUD-approved housing counseling agencies including Working In Neighborhoods/Homebase Cincinnati, Cincinnati Better Housing League, and Urban League of Greater Southwestern Ohio. 8-hour pre-purchase homebuyer education required.提供。 居住要求：Property must be located within City of Cincinnati limits and occupied as primary residence。 公民身份或移民身份：U.S. citizen or qualifying permanent resident per HUD HOME rules。 First-time homebuyer (no homeownership in past 3 years). Household income at or below 80% Cincinnati MSA AMI ($36,700-$110,700 by household size). Property must be within Cincinnati city limits and used as primary residence. Minimum $1,500 borrower contribution. 8-hour HUD-approved pre-purchase homebuyer education required. Property must pass HQS/HOME property standards inspection. 5-year affordability period — pro rata recapture if owner sells/moves before 5 years.

The American Dream Down Payment Initiative (ADDI)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% Cincinnati MSA AMI: ~$36,700 (1 person) to $110,700 (8 person) per current HUD HOME limits. 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。

The American Dream Down Payment Initiative (ADDI)将房价上限设为$345,000。 符合条件的房屋类型包括Single-family detached, condo, townhouse, 1-4 unit (owner-occupied)。 新建房屋符合条件。 预制房屋不符合条件。

The American Dream Down Payment Initiative (ADDI)在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员和遗属配偶。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

The American Dream Down Payment Initiative (ADDI)服务于在Cincinnati，Ohio购房的购房者。 该项目针对特定区域：City of Cincinnati Neighborhood Revitalization Strategy Area (NRSA) census tracts may receive enhanced assistance。

The American Dream Down Payment Initiative (ADDI)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Application submitted by borrower/lender to City of Cincinnati DCED; first-come first-served subject to annual ADDI/HOME allocation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。