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  2. 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 ...

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

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

    If you recently graduated from college, you might be eligible for help buying your first home. For example, the state of Ohio offers a Grants for Grads program with up to 5 percent down payment ...

  4. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    Virtually every down payment program requires you to qualify for a 30-year, fixed-rate first mortgage to buy the home. Some programs can only be used with one type of mortgage, such as government ...

  5. First-Time Homebuyer’s Guide to Mortgage Loans, Programs and ...

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

    Texas: The My First Texas Home program is a low-interest 30-year loan with up to 5% interest-free down payment assistance. The program allows borrowers to work through this program to obtain an ...

  6. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    In 2023, the LIHTC program is estimated to cost the government an average of $13.5 billion annually. [1] A 2018 report by the GAO covering the years 2011-2015 found that the LIHTC program financed about 50,000 low-income rental units annually, with median costs per unit for new construction ranging from $126,000 in Texas to $326,000 in California.

  7. Section 502 loans - Wikipedia

    en.wikipedia.org/wiki/Section_502_loans

    Section 502 loans are a rural housing loan program, administered by the Rural Housing Service (RHS), authorized under Section 502 of the Housing Act of 1949. Borrowers may obtain loans for purchasing or repairing new or existing single-family housing. Loans are made directly by RHS (7 CFR 3550) or by private lenders with a USDA guarantee (7 CFR ...

  8. Guide to no-down payment mortgages: Am I eligible? - AOL

    www.aol.com/finance/no-down-payment-mortgage...

    For these programs, the lender pays 2 percent of the required 3 percent down payment for a HomeReady or Home Possible loan — or up to a maximum contribution that varies by lender and loan size ...

  9. Hebrew Free Loan Association of Northeast Ohio - Wikipedia

    en.wikipedia.org/wiki/Hebrew_Free_Loan...

    HFLA offers interest-free loans of up to $10,000 to individuals who qualify: have an ability to pay the loan back, lack access to traditional financial products, and have a need that an interest-free loan could fill. Borrowers and co-signers must live in Northeast Ohio. One co-signer is required for every $4,000 that is borrowed.

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