DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOME BUYERS This is a notification that Cook County is accepting qualified applications to the ADDI Program for first-time home buyers. Funding for the program is limited and will be awarded until the funds are depleted. Please note that the program guidelines (below) are subject to change.WHAT IS THE PROGRAM?The Cook County American Dream Down Payment Initiative (ADDI) is an interest-free five-year forgivable loan, secured by a second silent lien, given to income-qualified first-time homebuyers to meet down payment and closing costs for the purchase of a house in participating suburban areas of Cook County, Illinois.DO YOU QUALIFY?(1) The homebuyer/applicant … (2 comments)
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