2006 Down Payment Assistance Grant
Grand Ronde Tribal Housing Authority
The grant amount is 20% of the purchase price and closing costs, not to exceed a maximum amount of $10,000; plus up to an additional $2,500 at a one-to-one (1:1) match for any additional cash contribution by the applicant over and above the $1,000 required.
AmeriDream Gift Program & DreamMaker
AmeriDream Charity, Inc.
http://ameridreamcharity.org
AmeriDream provides down payment gifts funds up to 10% of purchase price.
Standard AmeriDream Program:
-- For resale homes: Processing Fee is .75% of sales price with a maximum fee of $500
DreamMaker Program:
-- For resale homes fee is $250
-- For new construction fee is $195
-- Purchase price limit for single-family homes is $729,750
CHAPA Homebuyer Gift Program
CHAPA (Community Housing Assistance Program, Inc.)
http://www.CHAPAgifts.org
Charitable Gift Program--"Traditional Program"
Home Downpayment Gift Foundation, Inc.
www.HomeDownpayment.org
Non profit allows up to a maximum of 6% gift funds.
Processing Fee / Service Fee: $350 *This includes IUI
Confederated Tribes of Siletz Indians Down Payment Assistance Grant Program
Confederated Tribes of Siletz Indian
swww.ctsi.nsn.us
$15,000
Down Payment Assistance Program
DPA Alliance Corporation
www.quickdown.com and www.dpaalliance.org
Maximum gift amount is $20,000.
The fee per transaction is $450 for new construction and $700 for existing home. (The fee is lowered in cases where the purchase price is less than $70,000).
Down Payment Gift Program
J.W. Hansen Community Foundation National Home (administrator)
www.nationalhome.org
Grant program allows up to 6% of the contract sales price.
Downpayment Assistance Program
Fort Sill Apache Housing Authority (FSAHA)
Conventional Homes: 10% of the selling price or $5,000 whichever is less. Mobile Homes: 10% of the selling price or $3,500 whichever is less. Mobile Homes (Single): 10% of the selling price or $2,500 whichever is less.
E*Trade Financial Operation Hope Match Program
Operation Hope, Inc.
$7,500
Fannie Mae Employer-Assisted Housing (EAH) Benefit Program
Fannie Mae
Loan amount calculated as the lesser of 7% of the purchase price, or the posted Fannie Mae loan amount for the region closest to the employee's home purchase.
Genesis Down Payment Assistance Program
Freedom Home Baptist Church DBA: Genesis Housing Development Corp
www.thegenesisprogram.org
The Genesis Program provides gift funds up to $22,500.
Service/Processing Fee: 1% of the contract sales price or $750.
Home Buyer Assistance Program (HBA)
Citizens Financial Group, Inc.
$5,000 or $8,000 if buyer is purchasing a home in an emerging community
Home Ownership Providers
Home Ownership Provider
www.hop-downpayments.org
Home Ownership Providers grants are 3% for a 97% FHA Loan or for a non-FHA loan, the grant may not exceed 5% of the purchase price.
Harriett W. Clark Shared Down Payment Assistance Grant
Women's Council of the National Association of Real Estate Brokers, Inc.
www.nareb.com
Up to $1,500
Housing Action Resource Trust (HART)
Housing Action Resource Trust (HART)
www.hartprogram.com
HART's Maximum Assistance: Up to $25,000 (amount of gift is based on the homebuyer's need and is not a set percentage of the sales price).
The fee to utilize the HART program is a flat dollar amount and is not based on a percentage of the sales price. New Homes: $350 / Resale: $500
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