Kansas City, Kansas
CHIP Program
Constance Bones, CHIP Program Coordinator
701 North 7th Street
Phone: 913-573-5127
Fax: 913-573-5115
Email: cbones@wycokck.org
Office Hours are Monday thru Friday, 8 a.m. to 5:00 p.m.
Community Housing Investment Partnership
The Unified Government of Wyandotte County/Kansas City Kansas, through the Housing and Community Development Department is offering a second mortgage for homebuyers. This program is called the Community Housing Investment Program (CHIP).
CHIP is designed to leverage private mortgage funds to assist targeted income households in purchasing a home. Funds for the second mortgage are provided through Housing Urban and Development HUD/HOME program.
•
Maximum Purchase Price
A 20% deferred loan is based on the purchase price. Maximum second mortgage $25,000.00 (20% of $125,000.00). Maximum allowable purchase price $271,050.00.
•
Homeownership Requirements
Applicants cannot own any real estate at time of closing
To determine if you qualify for the CHIP Program, please get started by selecting one of the links below for additional information.
•Getting Started
•CHIP Income Guidelines
•Conflict of Interest
•Inernational Property Maintenance Code (IPMC)
•Loan Terms
•Resale Provisions
•Shopping for a Lender
•Target Areas
•Property Standards
•Homebuyer Training