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  2. HOME Investment Partnerships Program - Wikipedia

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

    The down payment can help fund new housing or the rehabilitation of a family's existing housing. [2] Building or rehabilitation of housing for rent or ownership – In this type of activity, HOME funds may fund the building of housing units that the government provides to low-income families. The families either pay a monthly rent or may ...

  3. Development of non-profit housing in the United States

    en.wikipedia.org/wiki/Development_of_non-profit...

    Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.

  4. 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.

  5. What Are HUD’s 7 Major Programs? - AOL

    www.aol.com/hud-7-major-programs-130017424.html

    HUD also runs the federal housing choice vouchers program, which assists vulnerable populations like the elderly, disabled and very low-income households in securing safe and sanitary housing.

  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. Housing trust fund - Wikipedia

    en.wikipedia.org/wiki/Housing_trust_fund

    Funded activities may include new construction, acquisition, or rehabilitation activities. Funds may also support transitional housing, assistance for low- and moderate income home buyers, such as down payment assistance, education, or counseling, emergency repairs, loans for design costs of housing developers, or rental subsidies.

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