COMMUNITY CONNECTIONS HOME BUYER ASSISTANCE PROGRAM CHECKLIST

COMMUNITY CONNECTIONS HOME BUYER ASSISTANCE PROGRAM CHECKLIST

Listed below are the step by step procedures necessary to complete your home purchase process utilizing the Community Connections Home Buyer Assistance Program. The application must be fully executed and completed for consideration.

Confirm that the home you intend to purchase is located in an eligible census tract. (See attached map and list of eligible neighborhoods and census tracts)

! After identifying a private lender of your choice, complete and submit a mortgage application to the lender.

! After submitting your mortgage application to your private lender, complete and submit to the Department of Housing the following documents:

- Original Community Connections Home Buyer Assistance Program Application

- Original CPD, CFD or Career Service Waiver. Complete the appropriate form - Original Child Support Affidavit. The Affidavit must be signed and

notarized. All Must Complete this Form Regardless if you have children or not. - Original Economic Disclosure Statement and Affidavit (EDS).The EDS must be signed and notarized. All Must Complete this Form - A copy of your Pre-Approval Letter - A copy of your Mortgage Application/1003 - Current Pay Stubs for last three (3) months - Copy of last two (2) years Federal Tax Returns with all Schedules - A copy of the Sales Contract or Purchase Agreement

Completed applications should be submitted to:

Department of Housing Attn; Community Connections Program 121 North LaSalle Street, City Hall, Room 1000

Chicago, Illinois 60602

! The Department of Housing will notify whether you qualify for assistance under the program.

! Assistance under the program will be awarded on a first come, first served basis. Upon approval of your application by the Department of Housing, you must submit a copy of your Mortgage Commitment from the private lender within 60 days and close on the mortgage loan 30 days thereafter, in order to hold your reservation.

! Upon approval of the mortgage application the private lender will schedule a loan closing.

! Contact the Department of Housing with the date, time and location of the scheduled closing as early as possible. It will take 15 Business Days, No Exceptions after the closing notification to arrange for documents and funding needed for closing.

! The Department of Housing's program closing documents for the deferred/forgivable loan and the City of Chicago wire to fund the loan will be delivered at loan closing.

Thank you again for your interest in the Community Connections Home Buyer Assistance Program. Should you have questions or require additional information, you may contact Marcia Baxter at 312.744. 0696.

CITY OF CHICAGO DEPARTMENT OF HOUSING COMMUNITY CONNECTIONS APPLICATION

Date: _______________ Mortgage Lender Name: _______________________________________________________ Loan Officer Name/Phone #: ____________________________________________________________________ Address of Property Being Financed/Unit #: ____________________________________________ Chicago, Il 606____ Number of Units in Property: (1-2)______ If 1 Unit, Single Family or Condo: ________________ New Construction or Existing Home ______________ #of Bedrooms:___________ Census Tract:__________ Community Area ___________________________ Ward ________ Police District ______ Purchase Price: $ _____________________________ Down Payment $ ______________________ Mortgage Loan Amount:$ _______________________________ Estimated Closing Date: _____________________

I. APPLICANT INFORMATION (Please Print)

Name: _________________________________________________________________________________________

Current Address/City/Zip: _________________________________________________________________________

Cell/Home Phone: ______________________Work Phone: ___________________ E-mail: ________________________

Social Security No: ___________________________ Employee Number: ____________________________

Marital Status: ____________ Probationary Status: Yes _______ No_______ Star/Badge#: ___________________

District/Unit/Engine Company: ______________ Bargaining Unit# & Local#: ___________________________

Race/Ethnicity (for statistical purposes only): Hispanic? Yes ____

No ____

White African-American Asian Amer. Ind./Alaska Native Pacific Islander

Multi-Racial

CO-APPLICANT INFORMATION (Please Print)

Name: _________________________________________________________________________________________

Current Address/City/Zip: _________________________________________________________________________

Cell/Home Phone: _______________________Work Phone: ____________________ E-mail: _______________________

Social Security No: ________________________ Employee Number: ___________________________

Marital Status ___________ Probationary Status: Yes _____ No_____ Star/Badge#:___________________

District/Unit/Engine Company: ________________ Bargaining Unit# & Local#: _________________________

Race/Ethnicity (for statistical purposes only):

Hispanic? Yes ____

No ____

White African-American

DOH Application Form Revised 4.30.19

Asian Amer. Ind./Alaska Native Pacific Islander

Multi-Racial

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HOUSEHOLD INFORMATION

Total number of Household Members that will reside in the property: ____________

Provide information in table below for each Household Member. Include yourself (and co-applicant) in the table.

Household Member

Date of Birth

Relationship to Applicant

Annual Income*

* All household members over 18 years of age must provide proof of income (i.e. pay stubs, tax returns, affidavit of income, etc.)

III. CURRENT HOUSING INFORMATION

A. APPLICANT

Do you currently rent?

YES _____ NO _____

Do you currently own your home or another property? YES _____ NO _____

Are you a first time home buyer?

YES______ NO_____

Have you ever owned a City of Chicago Affordable Unit? YES _____ NO_____ If yes, indicate Property Address___________________________________ Date of Purchase ___________

Addresses of Properties Owned within Last 3 Years

Estimated Market Value

Total Amount of Outstanding Mortgages or Liens

B. CO-APPLICANT:

Do you currently rent?

YES _____ NO _____

Do you currently own your home or another property? YES _____ NO _____

Are you a first time home buyer?

YES _____ NO _____

Have you ever owned a City of Chicago Affordable Unit? YES _____ NO_____ If yes, indicate Property Address___________________________________ Date of Purchase ___________

DOH Application Form Revised 4.30.19

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Addresses of Properties Owned within Last 3 Years

Estimated Market Value

Total Amount of Outstanding Mortgages or Liens

IV. EMPLOYMENT INFORMATION

APPLICANT

CO-APPLICANT

Employer: _____________________________________

_______________________________________

Address:______________________________________

__________________________________________

City/State/Zip__________________________________

__________________________________________

Month/Year Employed: From: ________ To: _________

From: _______________ To: _________________

Annual Gross Salary: $ __________________________

$ ________________________________________

Position Held: _________________________________

__________________________________________

Are you in good standing:

APPLICANT: Yes _____ No _____

CO-APPLICANT: Yes _____ No _____

Have you been disciplined or suspended in the last six (6) months:

APPLICANT: Yes _____ No _____

CO-APPLICANT: Yes _____ No ______

If employed less than three years with current employer:

Previous Employer: _____________________________

__________________________________________

Address: ______________________________________

__________________________________________

City/State/Zip: _________________________________

__________________________________________

Month/Year Employed: From: __________ To: ___________ From: ____________ To: ________________

V. OTHER SOURCES OF INCOME

APPLICANT

CO-APPLICANT

Rental Income

$ ________________ per month

$ _______________ per month

Social Security:

$ ________________ per month

$ _______________ per month

Pensions:

$ ________________ per month

$ _______________ per month

Interest/Dividends:

$ ________________ per month

$ _______________ per month

Business Income:

DOH Application Form Revised 4.30.19

$ ________________ per month

$ _______________ per month

3

Unemployment: Section 8: Child Support: Other VI. ASSETS

Checking Account Savings Account Stocks, Bonds, Other Investments:

$ ________________ per month $ ________________ per month $ ________________ per month $ ________________ per month

APPLICANT $ ____________________ $ ____________________ $ ____________________

$ _______________ per month $ _______________ per month $ _______________ per month $ _______________ per month

CO-APPLICANT $ _______________________ $ _______________________ $ _______________________

TOTAL HOUSEHOLD INCOME: $ __________________ MONTHLY $ _____________________ ANNUALLY

VII. DEBT OWED TO THE CITY OF CHICAGO

The City of Chicago requires past due debts, such as parking tickets or water bills, be paid in full before benefits of the home buyer program are granted.

By completing the table below, I give the Department of Housing permission to conduct an inquiry into debt I may owe to the City of Chicago. I understand that proof of payment will be required before the benefits of the program will be provided.

Household Member(s)

Social Security No.

Driver's License No.

License Plate No.

VIII. CERTIFICATION AND AUTHORIZATION

I (We) certify that the statements contained in this application for participation in and eligibility determination for the Chicago Department of Housing Community Connections Home Buyer Assistance Program are true and accurate concerning my (our) employment status, financial condition and household size .

I (We) hereby authorize the Chicago Department of Housing to discuss with my lender, developer and attorney any information relating to my (our) Purchase Agreement and Mortgage Loans, to verify employment and employment status and conduct the appropriate inquiries into my indebtedness to the City of Chicago.

I also certify that, I intend to occupy the property as my primary residence for 10 years and adhere to the terms of the occupancy agreements.

_____________________________________________ Applicant's Signature

______________________________________ Date

_____________________________________________ Co-Applicant's Signature

_______________________________________ Date

DOH Application Form Revised 4.30.19

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DOH Application Form Revised 4.30.19

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Community Connections Home Buyer Assistance Program Waiver for Police Officers

I hereby consent to the release of information contained in my personnel and disciplinary records by the Chicago Police Department to the City of Chicago Department of Housing in connection with my application for assistance under the Community Connections Home Buyer Assistance Program.

Signed:________________________________________________________

Print Name:____________________________________________

Date: _____________________________________

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