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  2. Home improvement grants for seniors: 2024 options - AOL

    www.aol.com/finance/home-improvement-grants...

    The U.S. Department of Housing and Urban Development (HUD) offers assistance programs and community development grants for homeowners in each state. Each grant, including award amount, details and ...

  3. Housing for Older Persons Act - Wikipedia

    en.wikipedia.org/wiki/Housing_for_Older_Persons_Act

    (ii) the facility or community has stated formally, in writing, that the facility or community complies with the requirements for such exemption. — Housing for Older Persons Act § 3. It was approved on December 28, 1995 and signed into law by President Bill Clinton .

  4. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...

  5. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  6. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  7. Rental Assistance Demonstration - Wikipedia

    en.wikipedia.org/wiki/Rental_Assistance...

    The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [1] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...

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