The Growing Homeowners Initiative

The Growing Homeowners Initiative是面向Luzerne县，Pennsylvania购房者的延期第二贷款。 The Growing Homeowners Initiative is Luzerne County's down-payment and closing-cost assistance program for first-time homebuyers, administered by the Luzerne County Office of Community Development. The program provides up to $7,500 as a 0% interest deferred / forgivable second mortgage and is funded through HUD HOME and CDBG pass-through dollars. Assistance is forgiven pro-rata over a 5-year affordability period as long as the buyer occupies the property as their primary residence. Up to $7,500 in down-payment and closing-cost assistance as a 0% interest deferred / forgivable second mortgage for first-time homebuyers purchasing a primary residence in Luzerne County. Funds are HUD HOME / CDBG pass-through dollars administered through the Luzerne County Office of Community Development. 资金来自HOME、CDBG、Federal和Local Government。

The Growing Homeowners Initiative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：Forgiven pro-rata over a 5-year affordability period和balance due if buyer sells, refinances with cash-out, transfers title, or ceases primary-residence status during the affordability period. 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。

The Growing Homeowners Initiative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 (no ownership of principal residence in prior 3 years). 关于信用，该项目说明：Underwriting follows first-mortgage product; no published OCD credit floor。 须参加购房者教育课程，由HUD-approved housing counseling agencies (commonly Neighborworks Northeastern PA); pre-purchase 8-hour education certificate required.提供。 居住要求：Property must be located within Luzerne County, PA and be the buyer's primary residence for the 5-year affordability period. 公民身份或移民身份：U.S. citizen or eligible non-citizen permitted by HUD HOME / CDBG rules。 Buyer must be a first-time homebuyer (no ownership of principal residence in the prior 3 years). Property must be located in Luzerne County (excluding the City of Wilkes-Barre and Hazleton entitlement areas in some funding cycles). Household income may not exceed 80% HUD AMI for the Scranton-Wilkes-Barre, PA MSA: 1-person ~$46,450 up to 8-person ~$87,550. Buyer must complete a HUD-approved homebuyer education course and contribute funds toward the transaction. Property must pass HQS / lead-based paint inspection. Loan is forgiven over a 5-year affordability period.

The Growing Homeowners Initiative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% Scranton-Wilkes-Barre MSA AMI: 1-person ~$46,450; 4-person ~$66,300; 8-person ~$87,550. Limits updated annually by HUD. 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 Growing Homeowners Initiative的房价上限如下：Tracks HUD HOME 95% area median purchase price for Luzerne County。 符合条件的房屋类型包括Single-family detached、Townhouse和Condominium。 新建房屋符合条件。 预制房屋不符合条件。

The Growing Homeowners Initiative服务于在Luzerne县，Pennsylvania购房的购房者。

The Growing Homeowners Initiative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First-come, first-served subject to annual HUD HOME / CDBG 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。