City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program是面向Charleston，South Carolina购房者的可免除贷款，由City of Charleston Department of Housing and Community Development管理。 The City of Charleston Homeownership Initiative (HI) creates affordable homeownership for low- and moderate-income first-time buyers and supports neighborhood revitalization. The City acquires and transfers properties to housing development partners that build or rehabilitate homes for sale to income-eligible buyers. Down payment and closing cost assistance is available as a zero-interest deferred forgivable loan; City funds are carried through long-term restrictive covenants governing resale value, while partner-agency funds may be secured by a 5- to 10-year note and mortgage. Households earn 50%-120% AMI, must not have owned a home in three years, and must occupy as a primary residence. City-developed homes carry a 90-year affordability covenant. Down payment and closing cost assistance. Zero-interest deferred forgivable loan. Access to newly built or rehabilitated affordable homes. Priority for residents of targeted revitalization neighborhoods. Homebuyer education and counseling. 资金来自Federal (City of Charleston CDBG/HOME funds) and partner-agency funds。

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program在20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：Failure to occupy/retain the home as primary residence for the required period; buyer may repay a portion of the original loan. City funds also governed by long-term restrictive covenants on resale value. 该援助以Subordinate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。

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer 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：Not owned a home in the past three years; exceptions for displaced homemaker, divorced single individual/parent no longer owning, and owner of a property not meeting codes. 关于信用，该项目说明：Must qualify for the first mortgage and pass a background check; no specific minimum credit score published. 须参加购房者教育课程，由OriginSC (Homeownership Resource Center); Charleston Trident Urban League.提供。 居住要求：Home within the city limits of Charleston; first priority to current/former residents of five target neighborhoods. Zero-interest deferred forgivable DPA; City funds carried through long-term restrictive covenants determining resale value (City-developed homes carry a 90-year covenant); partner-agency funds may be secured by a 5- to 10-year note and mortgage. Buyer may owe repayment of a portion of the loan if occupancy/retention conditions are not met. First-time homebuyer (no ownership in 3 years), primary residence, background check, and ability to qualify for the first mortgage required. Exceptions to the 3-year rule: displaced homemaker; divorced single individual/parent no longer owning; owner of a property not meeting codes. Priority to current/former residents of five target neighborhoods. Homebuyer education via OriginSC or Charleston Trident Urban League; apply via Neighborly portal.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program将家庭收入限制在地区收入中位数的120%，该数值因县和家庭人数而异。 Household income between 50% and 120% AMI for the Charleston-North Charleston-Summerville MSA by household size. Per City FY2025-2026 limits, 120% AMI = $133,080 (4-person); 100% AMI = $110,900 (4-person). 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。

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program可用于Single Family。 新建房屋符合条件。

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program服务于在Charleston，South Carolina购房的购房者。 该项目针对特定区域：First priority to current and former residents of five identified target/revitalization neighborhoods within the City of Charleston.

City of Charleston Homeownership Initiative (HI) - First-Time Homebuyer Program的申请通过City of Charleston Department of Housing and Community Development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Applications via the Neighborly online portal.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。