The City of Madison
American Dream
Downpayment Initiative (ADDI)


ADDI Home
Frequently Asked Questions

Eligibility
Requirements

Property Eligibility
Homebuyer Eligibility
Assistance Available
Required Downpayment
Combined Qualifying Ratio
Loan-To-Value
Home Inspection
Lead-Based Paint
Taxes and Insurance
Stacking of Funds
Eligible Closing Costs
Repayment
Subordination
Non-Discrimination
Privacy
Appeals
 
Loan
Processing

Application Package
Processing
Closing
Loan Cancellation
 
Lender
Resources

Lender FAQ

Underwriting Guidelines

Lender Checklist

ADDI vs HOME-BUY
Downloadable Forms

Related Links
Home Buyers' Round Table of Dane County
Dane County Housing Authority
Fannie Mae Home Buying Guides
HUD Information for Homebuyers
Protect Your Family From Lead In Your Home
[brochure, PDF format]
Common Questions From First-Time Home Buyers

Housing Developers' Toolbox
Madison ADDI Home Page
CD Office Home Page
Dept. of Planning and Development Home Page
City of Madison Home Page
 

Property Taxes and Homeowner Insurance

Homebuyers must escrow the property taxes and have homeowner insurance as a condition of the first mortgage.


PDF

Several of these documents are in PDF format (indicated with an icon like the one to the right). To view these materials, you'll need Adobe Acrobat Reader software, available for free here.


Housing Developers' Toolbox  |  CD Office  |  Department of Planning and Development  |  City of Madison

The CD Office is a part of the City of Madison's Department of Planning and Development. Click here for department info. Community Development Office
City of Madison Department of Planning and Development
215 Martin Luther King, Jr. Blvd., Room 280
PO Box 2985, Madison, WI  53701-2985
Phone: (608) 267-0740  |  Fax: (608) 261-9661  | Email: cdbg@cityofmadison.com