City of Chattanooga Down Payment Assistance Program

City of Chattanooga Down Payment Assistance Program是面向Chattanooga，Tennessee购房者的可免除贷款，由City of Chattanooga, Department of Economic & Community Development管理。 The City of Chattanooga DPA Program provides forgivable, deferred-payment loans to income-eligible first-time homebuyers purchasing a primary residence within the City of Chattanooga. Designed to bridge the affordability gap; can be combined with THDA programs for up to $21,000 total assistance. Up to $15,000 toward down payment and closing costs; combinable with THDA for up to $21,000 total. 资金来自City of Chattanooga (municipal)。

City of Chattanooga Down Payment Assistance Program提供最高$15,000的援助。 购房者自付部分：Borrower must contribute at least $1,000 of own funds (not from a gift); eligible costs include earnest money, credit report, appraisal, inspection, and education fees. 该项目可与THDA Great Choice / Great Choice Plus (up to $21,000 combined)结合使用。 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 Chattanooga, Department of Economic & Community Development决定。

City of Chattanooga Down Payment Assistance Program在30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：Sale, cash-out refinance, or loss of owner-occupancy before the end of the 30-year term (rate-and-term refinances may be subordinated without triggering repayment). 该援助以Subordinate (second) 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。

City of Chattanooga 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。 此处的“首次”有例外情况：Displaced homemakers or single parents who previously owned a home with a spouse may qualify (no ownership in prior 3 years). 关于信用，该项目说明：620, or the minimum required by the first mortgage product, whichever is greater. 须参加购房者教育课程，由THDA-approved homebuyer education provider; certificate dated within 12 months of closing.提供。 居住要求：Property must be within Chattanooga city limits. Borrower must maintain escrow accounts for taxes and insurance for the duration of the first mortgage. A professional home inspection is required before closing. Owner must occupy within 60 days of closing and notify the City within 30 days of any occupancy change. Participating-lender list was 'coming soon' as of research date.

City of Chattanooga Down Payment Assistance 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。 FY2026 max income (effective June 1, 2026), 120% AMI Chattanooga TN-GA MSA: 1p $81,800; 2p $93,500; 3p $105,200; 4p $116,900; 5p $126,250; 6p $135,600. 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 Chattanooga Down Payment Assistance Program将房价上限设为$400,000。 符合条件的房屋类型包括single_family、townhome、condo和manufactured。 新建房屋符合条件。 预制房屋符合条件。

City of Chattanooga Down Payment Assistance Program服务于在Chattanooga，Tennessee购房的购房者。

City of Chattanooga Down Payment Assistance Program的申请通过City of Chattanooga, Department of Economic & 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。