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60) $100,000 To Buy Or Fix Up Houses In Older Areas Of A Town

Called “The Mortgage Insurance Housing In Older, Declining Areas Program” and referred to as Program #14.123 in the Catalog of Federal Domestic Assistance, this program provides loans to be used to finance the purchase, repair, rehabilitation, and construction of housing in older, declining urban areas where conditions are such that certain normal eligibility requirements for mortgage insurance under a particular program cannot be met. The property must be an acceptable risk giving consideration to the need for providing adequate housing for low-and moderate-income families.
Contact your local office of the U.S. Department of Housing and Urban Development at www.hud.gov/local.index
 

61) Get 4% Interest Rate Reduction Subsidy

Called “The Interest Assistance Program” and referred to as Program #10.437 in the Catalog of Federal Domestic Assistance, this program provides a 4 percent subsidy to farmers and ranchers, who do not qualify for standard commercial credit. Guaranteed loans are serviced by a lender who has entered into a Lenders Agreement with the agency. The total loan limit for a guaranteed loan cannot exceed $731,000.
Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
www.rurdev.usda.gov
 

62) $15,000 Grant for Owners or Developers In Small Towns To Fix Up Their Home

Called “The Rural Housing Preservation Grants Program” and referred to as Program #10.433 in the Catalog of Federal Domestic Assistance, this program helps very low- and low-income rural residents individual homeowners, rental property owners (single/multi-unit) or by providing the consumer cooperative housing projects (co-ops) the necessary assistance to repair or rehabilitate their dwellings. These objectives will be accomplished through the establishment of repair/rehabilitation, projects run by eligible applicants. This program is intended to make use of and leverage any other available housing programs which provide resources to very low and low-income rural residents to bring their dwellings up to development standards.
Contact your local office of the U.S. Department of Agriculture Rural Housing Service at
www.rurdev.usda.gov
 

63) Uncle Sam Will Co-Sign an Adjustable Rate Mortgage

Called "The Adjustable Rate Mortgages Program" and referred to as Program #14.175 in the Catalog of Federal Domestic Assistance, this program provides mortgage insurance for an adjustable rate mortgage which offers lenders more assurance of long term profitability than a fixed rate mortgage, while offering consumer protection features. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) - program 14.117. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) - program 14.117. All persons intending to occupy the property are eligible to apply. All persons intending to occupy the property are eligible to apply.
Contact your local office of the U.S. Department of Housing and Urban Development at
www.hud.gov/local.index
 

64) $4,000,000 For Your Non-Profit To Help People Buy Homes

Called the “Self Help Ownership Opportunity Program” and referred to as Program #14.247 in the Catalog of Federal Domestic Assistance this program encourages innovative homeownership opportunities through the provision of self-help housing where the homebuyer contributes a significant amount of sweat equity toward the construction of the dwellings. Eligible homebuyers are low-income families who are otherwise unable to afford to purchase a dwelling, and who provide significant amounts of sweat equity or volunteer labor to the development of the dwellings.
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at www.hud.gov/local
If the local office does not know what you are talking about contact the main office at :
Lou Thompson, Office of Affordable Housing Programs,
Community Planning and Development,
Department of Housing and Urban Development,
451 7th Street, SW., Washington, DC 20410.
Telephone: (202) 708-2684.
Louise_D._Thompson@HUD.GOV.
 
 

65) Grants To Local Communities To Provide Money To Buy Or Fix Up Homes Or To Pay For Rent

 
Called the “Home Investment Partnership Program” and referred to as Program #14.239 in the Catalog of Federal Domestic Assistance this program expands the supply of affordable housing, particularly rental housing, for low and very low income Americans; (2) to strengthen the abilities of State and local governments to design and implement strategies for achieving adequate supplies of decent, affordable housing; (3) to provide both financial and technical assistance to participating jurisdictions, including the development of model programs for developing affordable low income housing; and (4) to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of affordable housing.
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at www.hud.gov/local

If the local office does not know what you are talking about contact the main office at :
Mary Kolesar, Director, Office of Affordable Housing Programs,
Room 7164, Community Planning and Development,
Department of Housing and Urban Development,
451 7th Street, SW., Washington,
DC 20410, 202-708-2470, MARY_KOLESAR@hud.gov
www.hud.gov

66) $1,000,000 To Build or Fix Up Housing for People With Disabilities

Called the “Supportive Housing for Persons With Disabilities Program” and referred to as Program #14.181 in the Catalog of Federal Domestic Assistance this program provides for supportive housing for persons with disabilities Capital advances may be used to construct, rehabilitate or acquire structures to be used as supportive housing for persons with disabilities. Project rental assistance is used to cover the difference between the HUD-approved operating costs of the project and the tenants' contributions toward rent (30 percent of adjusted income).
To identify if there are programs in your area contact your local office of the U.S. Department of Housing and Urban Development at www.hud.gov/local

If the local office does not know what you are talking about contact the main office at :
Office of Housing Assistants and Grants Administration,
Department of Housing and Urban Development,
Washington, DC 20410, 202-708-3000

67) Money To Fix Up Your Home After A Disaster

Called “Federal Housing Assistance to Individuals and Households’ and referred to as Program #96.048 in the Catalog of Federal Domestic Assistance this program provides grants to individuals and households affected by a disaster to enable them to address their disaster-related housing needs. The money can be used for the following: 1) Temporary Housing, 2) Repair, 3) Replacement, and 4) Permanent Housing Construction. Assistance not used for the specified purpose will be required to be returned.
Contact: Department of Homeland Security 245 Murray Drive,
SW., Washington,
DC 20528, 202- 282-8000
http://www.dhs.gov/dhspublic/
 

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