Skip navigation
Community and Economic Development

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