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North Pocono: $66.4 million budget, a 3.7% tax increase, to 158.8028 mills, for Lackawanna County residents. The one Wayne County municipality in the district, Lehigh Twp., will see a 35.6% ...
However, federal regulations require that every single government that receives funds must provide 25 cents on their own for every HOME dollar used. [2] If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
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 ...
The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
Down payment assistance (DPA) programs: Loans, grants and matching programs to help you with your down payment Federal first-time homebuyer programs: Loans and programs backed or offered by the ...
Counties with a home rule charter may design their own form of county government, but are still generally subject to the County Code (which covers first-, third-, fourth-, fifth-, sixth-, seventh-, and eighth-class counties) or the Second-Class County Code (which covers second-class and second-class A counties).
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