Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program是面向Norfolk; Virginia Beach，Virginia购房者的可免除贷款，由Urban League of Hampton Roads, Inc. (ULHR)管理。 The Urban League of Hampton Roads (ULHR), a HUD-approved housing counseling agency, is a designated regional administrator of the Virginia Down Payment Assistance (VA DPA) Pilot Program for the Hampton Roads region, serving Chesapeake, Franklin, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, and Smithfield. The VA DPA Pilot, funded by the Commonwealth of Virginia (not federal HOME funds) and administered through DHCD, provides down payment and closing-cost assistance to first-time homebuyers earning up to 60% of Area Median Income. Assistance is a forgivable second mortgage of $20,000 to $50,000 (including up to $2,500 in closing costs), secured for a 15-year affordability period and forgiven 1/15 per year; it can be fully forgiven if the buyer keeps the home as their principal residence for 15 years. ULHR also provides one-on-one pre-purchase counseling, first-time homebuyer classes, and access to Virginia Housing's SPARC 1% rate-reduction program. Forgivable second mortgage of $20,000-$50,000. Up to $2,500 toward closing costs. 0% interest, no monthly payments. Forgiven 1/15 per year; fully forgiven after 15 years. HUD-certified pre-purchase counseling and homebuyer education. 资金来自Commonwealth of Virginia general funds (state-funded VA DPA Pilot), administered by Virginia DHCD。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program提供$20,000至$50,000的援助。 援助档次：Single tier; up to 60% AMI; assistance $20,000-$50,000。 购房者自付部分：Borrower must contribute 1% of the sales price from personal funds if income is 50%-60% AMI; if income is below 50% AMI, contribution is $500 (receipts required). 该项目可与VIDA, ARS, Virginia Housing DPA, Virginia Housing SPARC, FHLB programs, USDA programs, Freddie Mac/Fannie Mae assistance, lender/employer/housing-authority programs. NOT stackable with: DHCD HOME DPA (federal), CDBG, or ASNH.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Urban League of Hampton Roads, Inc. (ULHR)决定。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program在15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：If the household moves out or sells before the end of the 15-year affordability period, a prorated portion of the assistance (the unforgiven balance, forgiven 1/15 per year) must be repaid from net proceeds after the first mortgage is satisfied. Failure to occupy as principal residence triggers repayment of the entire outstanding VA DPA investment. 该援助以Second (forgivable second mortgage / deferred loan behind first trust mortgage)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。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot 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：First-time homebuyer = never owned a home OR has not held primary ownership in a principal residence within the most recent 3-year period. Mobile homes titled as personal property and investment/inherited property not occupied as principal residence in the last 3 years still qualify the buyer as first-time. 关于信用，该项目说明：Median FICO of 620 with 3 open, current trade lines. Exception to 580+ permitted if using an FHA fixed-rate product (or provider in-house fixed-rate financing) and meeting FHA guidelines, or with documented alternative credit. 须参加购房者教育课程，由HUD-certified homebuyer education through Virginia Housing, NeighborWorks, or a HUD-certified agency; ULHR offers its own first-time homebuyer classes and one-on-one counseling.提供。 居住要求：Property must be purchased in ULHR's VA DPA Pilot service area (Chesapeake, Franklin, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Smithfield). Loan TERM: forgivable 0% second mortgage, $20,000-$50,000, 15-year affordability period, forgiven 1/15 per year, fully forgiven after 15 years of principal-residence occupancy; not assumable; max direct assistance cannot exceed 30% of sales price. Buyer must be pre-qualified with an FHA-approved lender, complete HUD-certified homebuyer education and counseling, have 90-day minimum work history, pay off collections of $1,000+ and all judgments before closing, and hold cash assets below 10% of sales price. For Sale by Owner ineligible (except landlord-to-tenant, case-by-case). No cash back at closing.

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program将家庭收入限制在地区收入中位数的60%，该数值因县和家庭人数而异。 Total household income up to 60% of HUD Area Median Income for the locality and household size, per HUD HOME income limits. Dollar limits vary by jurisdiction and household size across the Hampton Roads service area; see HUD/DHCD HOME income limit tables. (Unconfirmed: ULHR does not publish a per-household-size dollar chart on its site.). 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。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program的房价上限如下：Home value may not exceed 95% of the area median sales price (HUD 203(b) limits), established annually by HUD per locality. Property must be turnkey at settlement. 符合条件的房屋类型包括Single-family detached (one unit)、Duplex/Triplex (assisted unit individually sold and deeded, owner-occupied)、Townhome、Condominium、Modular home和Manufactured home (post-June 15, 1976; permanent utility hookups; owned land or long-term lease)。 新建房屋符合条件。 预制房屋符合条件。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program服务于在Norfolk; Virginia Beach，Virginia购房的购房者。

Urban League of Hampton Roads — Virginia Down Payment Assistance (VA DPA) Pilot Program的申请通过Urban League of Hampton Roads, Inc. (ULHR)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; funds reserved only after lender pre-approval and VA DPA eligibility.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。