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Homebuyers
Assistance
- Purpose
This program is to be utilized by residents wishing to become homeowners but do not have the resources to cover all initial costs, such as down payment and closing costs.
- Eligibility
To be eligible for assistance, you must purchase a home within the City limits of Massillon.
Home must be inspected for compliance with Residential Rehabilitation Standards (RRS).
Use the residence as primary dwelling. Provide a minimum of $500 from buyer's funds toward purchase.
Income guidelines of the funding source must be adhered to, i.e., *HUD guidelines for HOME, ADDI, and/or CDBG funds.
Income limits for eligible participant households:
1 person |
2 person |
3 person |
4 person |
32,300 |
36,900 |
41,550 |
46,150 |
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|
|
|
5 person |
6 person |
7 person |
8 person |
49,850 |
53,550 |
57,250 |
60,900 |
- Use of funds
An eligible client may receive up to $3,000 to be used towards both down payment and closing costs. Funds cannot exceed lender's criteria regarding third party contributions and some funds must come trom purchaser's resources.
Pre-paid expenses, such as insurance, taxes, interest, and loan discount fees may not be paid through the assistance program.
Housing rehabilitation funds may be available for up to an additional $5,000.
All assistance is contingent on availability of funds at the time of application.
Funds will be secured by a Promissory Note and a Mortgage which will be forgiven without repayment after five years provided the property continues to be in the name of and the principal residence of the applicant, and is not used as collateral for a subsequent loan. Applicants must participate in a credit counseling session as a condition of assistance being provided.
Homebuyers Assistance
New Construction
- Purpose
This program is to be utilized by residents wishing to purchase newly constructed homes, which are a part of an approved new construction project. The program is for the benefit of families and individuals that do not have the resources necessary to purchase a new home.
- Eligibilitv
To be eligible for assistance, the applicant must desire to purchase a home in an approved new construction project in the city limits of Massillon, and meet necessary income guidelines.
- Use of funds
An applicant may receive assistance for one or both of the following purposes depending on their particular need:
up to $5,000 to be used to buy-down the purchase price of the home
up to $3,000 to be used towards the down payment and closing costs
Funds cannot exceed lender's criteria regarding third party contributions, and some funds must come from purchaser's resources.
Pre-paid expenses, such as insurance, taxes, interest, and loan discount fees may not be paid through the assistance program.
- Qualifications
To qualify for assistance, the applicant must have proof of pre-qualification from a financial institution, have a signed purchase agreement from the seller, and use the residence as their primary dwelling.
Income limits for eligible participant households:
1 person |
2 person |
3 person |
4 person |
32,300 |
36,900 |
41,550 |
46,150 |
| |
|
|
|
5 person |
6 person |
7 person |
8 person |
49,850 |
53,550 |
57,250 |
60,900 |
All assistance is contingent of availability of funds at time of application. Funds will be secured by a promissory note and a mortgage which will be forgiven without repayment after five years provided the property continues to be in the name of and the principal residence of the applicant, and is not used as collateral for a subsequent loan.
Applicants must participate in a credit counseling session as a condition of assistance being provided
Housing
Rehabilitation Programs
The City of Massillon, in a effort
to upgrade its residential neighborhoods, has two programs available
to assist low-income homeowners to make repairs and improvements
in order to bring their property up to local housing code standards.
To be eligible for assistance, the applicant
must be the owner/occupant of the property situated within the
city limits of Massillon, and maintain taxes and insurance on
the property.
Household income must be within HUD's 50% median income limit as follows:
| Number in Household |
Yearly Income |
| 1 Person |
$20,200 |
| 2 Person |
23,100 |
| 3 Person |
25,950 |
| 4 Person |
28,850 |
| 5 Person |
31,150 |
| 6 Person |
33,450 |
| 7 Person |
35,750 |
| 8 Person |
38,100 |
- Emergency Housing Rehabilitation
The maximum amount allowable is $5,000 to correct
emergency problems such as the roof, electric, furnace or plumbing.
A 5-year lien will be recorded in the amount of assistance.
- Full Housing Rehabilitation
The maximum amount is $25,000. Grants up to this
amount will be available on a priority basis (waiting list) to those
in need of assistance and meeting other eligibility criteria.
The assistance is used to correct existing violations
of the housing code, energy conservation purposes, such as installation
of storm windows and doors, and cosmetic corrections to the interior
and exterior.
A 10-year lien will be recorded in the amount of assistance
provided by the City of Massillon. While the lien is in effect,
the property shall not be used as collateral for any subsequent
loans.
Seniors and disabled persons, whose only source of income is retirement and/or disability: HUD's 80% median income limit applies:
| 1 person |
$20,200 |
| 2 person |
23,100 |
| 3 person |
25,950 |
| 4 person |
28,850 |
| 5 person |
31,150 |
| 6 person |
33,450 |
| 7 person |
35,750 |
| 8 person |
38,100 |
Fair Housing and Tenant Landlord
The City of Massillon operates its own fair housing
program which is designed to improve and promote housing opportunities
in the community, including education and outreach, monitoring and
evaluation, and administration of fair housing laws.
The City also addresses tenant/landlord issues,
and conducts periodic workshops and counseling services between
the tenant and landlord.
Your
Rights As A Tenant Or A Landlord
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