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CHIP  Program
Resale Provisions



Resale Provisions
If the CHIP recipient ceases to occupy the property as his/her primary residence, example: 

 Home Foreclosure  
  • Sells the property,
  • Loses the property through foreclosure, or
  • Converts the property to rental or primarily business use, or refinance, BEFORE the CHIP loan term expires,

Then he/she must REPAY the Unified Government the FULL amount of the CHIP loan and any closing cost received. NO PRO-RATA.


The CHIP subsidy is 20% of $75,000.00 for eligible buyers. The purchase price can exceed the $218,000, but the maximum funding will not exceed the subsidy amount of 14,999.

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Address Hours Constance Bones Phone Numbers
City Hall 8:00 am to 5:00 pm Program Technician II P: (913) 573-5127
701 N 7th Street Monday - Friday Email F: (913) 573-5115
8th Floor      
Kansas City, KS      

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