Sun Prairie requests $60K for first-time homebuyer mortgage assistance in partnership with Habitat for Humanity

In a recent meeting held in the heart of Dane County, the Community Development Block Grant Commission's Application Review Team gathered to discuss vital funding aimed at enhancing homeownership opportunities for low to moderate-income families. The atmosphere was charged with hope as members reviewed a proposal that could significantly impact the community.

The proposal under consideration seeks $60,000 in Community Development Block Grant (CDBG) funds specifically for mortgage assistance. This funding is intended to provide no-interest deferred second mortgages to two first-time homebuyers, making the dream of homeownership more accessible. The initiative aims to alleviate the financial burden of monthly payments, ensuring that long-term ownership remains sustainable for these families.

The homes are set to be constructed at 1075 and 1091 Campus Hour Way in Sun Prairie's Town Hall Crossing neighborhood, a mixed-income development in collaboration with Habitat for Humanity. This partnership underscores a commitment to building inclusive communities where families earning 80% or less of the area median income can thrive.

As part of the process, each prospective buyer will undergo a thorough eligibility review, ensuring compliance with CDBG requirements. The Office of Family Services (OFS) will verify all necessary income and residency documentation, reinforcing the program's integrity and commitment to serving those in need.

This initiative not only represents a step toward addressing housing affordability in Dane County but also reflects a broader vision of community development that prioritizes inclusivity and support for its residents. As the commission moves forward with this proposal, the potential for positive change in the lives of local families remains a focal point of hope and determination.