Homebuyer Assistance
North West Housing Partnership’s
First-time Down Payment Assistance Program*
*Income restrictions apply.
Amount of Assistance: Income Eligibility Criteria:
$4,500 Homebuyers at 50% of Area Median Income
· 1 person - $26,300
· 2 persons - $30,050
· 3 persons - $33,800
· 4 persons - $37,550
· 5 persons - $40,600
· 6 persons - $43,600
$2,500 Homebuyers at 80% of Area Median Income
· 1 person - $42,100
· 2 persons - $48,100
· 3 persons - $54,100
· 4 persons - $60,100
· 5 persons - $64,950
· 6 persons - $69,750
Homebuyer’s must qualify for a conventional, fixed rate mortgage & complete a first time homebuyer's counseling from a HUD approved counseling agency.
Contact North West Housing Partnership with Questions
NWHP
1699 E Woodfield Road, Suite 404
Schaumburg, Illinois 60173
(847) 969-0561 ph.
(847) 969-0564 fax