Home > Departments

Community Development

CHIP Program 

Constance Bones, Program Technician II
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.


C
ommunity Housing Investment Partnership

2014 CHIP Funding is now Available

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

    Maximum allowable purchase price $133,000.00 on existing properties an $195,000.00 on new construction. Approved applicants can receive a maximum of $15,000.00 in CHIP funding (which equals 20% of $75,000.00). Funding for properties that exceed the sale price of $75,000.00 will be capped at $15,000.00.

  • Homeownership Requirements
    Applicants cannot own any real estate at time of closing, or be a previous CHIP participant.

  • CHIP Income Guideline
    The eligible loan amount is based according to the HUD median income level. Eligible household income must be at or below 80 percent of the area median.
     HUD Median Income Levels    Subsidy as a percent of the selling price 

     80% and below  --------------  

     20% subsidy - Not to Exceed $15,000.00

To determine if you qualify for the CHIP Program, please get started by selecting one of the links below for additional information.

                                                                                                                  




French German Italian Portuguese Spanish Russian Dutch Greek Japanese Korean Chinese (simplified) Chinese (traditional)