Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Study of Homebuyer Activity through the HOME Investment Partnerships Program

Study of Homebuyer Activity through the HOME Investment Partnerships Program

Abt Associates Inc
U. S. Dept of Housing and Urban Developme
Et Al

Paperback

General Political Science

Publisher Price: $24.75

ISBN10: 1288919344
ISBN13: 9781288919345
Publisher: Bibliogov
Published: Mar 13 2013
Pages: 216
Weight: 0.87
Height: 0.46 Width: 7.44 Depth: 9.69
Language: English
One of the most flexible forms of federal funding for homeownership housing is the HOME Investment Partnerships program. HOME enables local governments to design homebuyer programs that best meet local needs and market conditions. Since 1990, when the HOME program was enacted, HOME has helped over one-quarter million families buy a home of their own. HOME funds have been used for downpayment, closing cost, acquisition, development, rehabilitation, interest subsidy, loan guarantee and lease/purchase assistance. While HUD has been able to track the broad uses of HOME funds for homeownership, only limited information has been available about local homeownership strategies. This study was designed to examine the choices local governments are making and how these choices are promoting long-term affordable homeownership. The final report is a comprehensive description of this research and its findings.

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