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The North Suburban Consortium (NSC) offers First Time Home Buyer (FTHB) Down Payment Assistance loans to income-eligible applicants purchasing a condominium, townhome or single-family property in one of the eight NSC communities. Down Payment Assistance loan can be used for down payment assistance and customary closing costs. However, it cannot be used for: reimbursement for previously paid earnest money down payment; funding monthly housing payment reserves requirements; prepayment of life insurance premiums; or to bridge the gap between purchase price and appraised value. The applicant cannot receive cash back at closing.