The Compass Grant Program is available to assist borrowers purchasing or refinancing a primary residence in approved majority -
minority census tracts in Wisconsin and Illinois.
The HELP Program is available to assist borrowers purchasing or refinancing a primary residence in approved majority -
minority census tracts in Wisconsin and Illinois.
Eligibility is also provided for properties located in low - income census tracts with no borrower income limits, and up to 100 % of AMI for properties located in high
minority census tracts or designated disaster areas.
No income limits for properties in low income census tracts, 100 % of average median income (AMI) in high
minority census tracts, and 80 % of AMI in all other properties
A high -
minority census tract is an area in which the minority population is at least 30 %, and in which the median household income is less than the median household income for the area.
Yes, you can use the HomeReady ™ program even if you don't live in a low - income census tract or a high -
minority census tract.
Not exact matches
HomeReady ™ is only available in low - income
census tracts, to low - income borrowers, in areas of high
minority concentration, and in regions declared a disaster area.
The Coalition says this is important because residents living in the four
census tracts closest to the Peace Bridge are largely
minority, with a vibrant refugee population that speaks numerous languages including Somali, Burmese, Nepali and Arabic.
HomeReady ™ is limited to certain low - income
census tracts; and areas with high
minority concentrations.
HomeReady ™ is limited to certain low - income
census tracts; and areas with high
minority concentrations.