City of Cranston Down Payment Assistance Program

City of Cranston Down Payment Assistance Program是面向Cranston，Rhode Island购房者的可免除贷款，由City of Cranston Department of Community Development管理。 Matching down payment assistance for income-eligible first-time homebuyers purchasing a home in the City of Cranston, administered by the city's Department of Community Development using CDBG/HOME funds. Provided as a forgivable grant secured by a recorded lien, forgiven after five years of owner-occupancy. 50% match of the required down payment (dollar-for-dollar), not to exceed $15,000, given at closing as a forgivable grant/lien that is discharged after 5 years of owner-occupancy. 资金来自Federal Community Development Block Grant (CDBG) / HOME funds via U.S. HUD (City of Cranston)。

City of Cranston Down Payment Assistance Program提供最高$15,000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City of Cranston Department of Community Development决定。

City of Cranston 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：Entire assistance must be repaid in full if, before the end of the 5-year period, the recipient sells, refinances, changes title, or no longer occupies the property as principal residence. 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。

City of Cranston 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。 “首次购房者”通常指过去三年内未拥有房屋，但该项目有自己的定义。 须参加购房者教育课程。 Property must be in the City of Cranston; administered first come, first served; recipient must complete a HUD-approved minimum 8-hour homebuyer class; buyer must obtain a State Lead Inspection / Lead Safe Certificate before assistance; no cash to buyer at closing; cannot be combined with the city's Closing Cost Assistance Program; cannot be subordinated and cannot be used to pay points or reduce interest rate; closing agent must furnish the CDBG office with the proposed settlement statement at least 3 business days before closing. A written 5-year owner-occupancy agreement (not a mortgage) is recorded as a lien at the City Clerk. NOTE: the department web summary lists 'not to exceed $5,000,' but the current program guidelines PDF revised November 2024 states 'not to exceed $15,000'; the PDF is the controlling document.

City of Cranston Down Payment Assistance Program的收入限制如下：Income eligibility determined per HUD HOME/CDBG income limits by household size (low- to moderate-income). 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。

City of Cranston Down Payment Assistance Program服务于在Cranston，Rhode Island购房的购房者。 该项目优先考虑指定的目标区域，因此除了县以外，具体地址也很重要。

City of Cranston Down Payment Assistance Program的申请通过City of Cranston Department of Community Development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。