KEAUHOU PLACE CONDOMINIUM PROJECT SUMMARY OF THE RESERVED HOUSING SALES PROGRAM AND TIMELINE. March 2015

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "KEAUHOU PLACE CONDOMINIUM PROJECT SUMMARY OF THE RESERVED HOUSING SALES PROGRAM AND TIMELINE. March 2015"

Transcription

1 KEAUHOU PLACE CONDOMINIUM PROJECT SUMMARY OF THE RESERVED HOUSING SALES PROGRAM AND TIMELINE I. OVERVIEW & SALES PROGRAM March 2015 Keauhou Lane LP, a Hawaii limited partnership (the Developer ), will build a mixed-use residential commercial project consisting of a 43-story main tower and mid-rise town homes containing total of 423 residential units, to be named Keauhou Place (the Project ). The Developer will market eight-five (85) residential units within the Project to prospective owneroccupants as reserved housing units ( Reserved Housing Units ) pursuant to the Kaka ako Community Development District Mauka Area Rules, Chapter 22 of the Hawaii Administrative Rules (the Mauka Area Rules ), as administered by the Hawaii Community Development Association ( HCDA ). The purpose of the Keauhou Place reserved housing program is to provide housing to moderate income households (Gap Group Income) that would generally have incomes that are too high to qualify for conventional housing assistance programs and at the same time their income is too low to qualify for a market rate housing. The sales prices for the Reserved Housing Units will range from $357,900 to $530,000. Each unit will be assigned at least one (1) parking stall. The sale of the 85 Reserved Housing Units will be offered initially on a lottery basis only to those qualified persons who meet the maximum annual adjusted income of 140% or less than the annual median income (AMI) established by the Housing Urban and Development (HUD) for Honolulu. Developer intends to publish presale announcements for the sale of Reserved Housing Units in the Project in the Honolulu Star-Advertiser on Friday, March 27, 2015 and Sunday, March 29, From Saturday, March 28, 2015 to Friday, April 3, 2015, Reserved Housing Application packets will be available for pick-up at the Keauhou Place Sales Gallery, 500 Ala Moana Boulevard, #3A, Honolulu, HI (Restaurant Row fronting Pohukaina Street). The designated Reserved Housing Units will be offered to prospective purchasers through a public lottery system. Any person interested in purchasing a Reserved Housing Unit who meets the eligibility requirements described in Section II below may submit a completed Reserved Housing Application (defined below) to the Keauhou Place Sales Gallery beginning at 10:00 a.m. on Friday, April 10, No Reserved Housing Applications shall be accepted prior to this time. The deadline to submit a completed Reserved Housing Application and be considered for the lottery is 6:00 p.m., Thursday, April 16, All Reserved Housing Applications must be hand delivered. Applications delivered by , facsimile, mail or courier will not be accepted. The Developer will compile and maintain a list of all eligible prospective purchasers who have submitted a completed Reserved Housing Application to be included in the public lottery. The public lottery will be held on Saturday, April 18, 2015, 10:00 a.m., at the Keauhou Place Sales Gallery, at which the names of prospective purchasers who have submitted a completed Page 1 of 9

2 Reserved Housing Application will be selected at random to establish the order in which a prospective purchaser will be eligible to select a Reserved Housing Unit at a the Unit Selection Event and placed on the Keauhou Place Applicant Unit Selection Number List. Prospective purchasers whose names are selected at the lottery will be issued a Unit Selection Number and will be invited to attend the Unit Selection Event to be held on Sunday, April 19, 2015 at the Keauhou Place Sales Gallery. Prospective purchasers selected in the lottery who did not have an opportunity to select one of the designated Reserved Housing Units shall be placed on a back-up reservation list in the order in which they were selected in the public lottery. Prospective purchasers who receive a Unit Selection Number at the lottery must be present at the Unit Selection Event to select a unit, execute a sales contract and submit an earnest money deposit in the amount of $ upon said prospective purchaser s execution of a sales contract for a Reserved Housing Unit in the Project. The Reserved Housing Application Packet contains the following: 1. Keauhou Place Condominium Project Summary of Reserved Housing Sales Program and Timeline; 2. Keauhou Place Summary of Reserved Housing Application and Unit Selection Process; 3. Keauhou Place Fact Sheet; 4. Summary of HCDA Eligibility Requirements; 5. Keauhou Place Registration Agreement Reserved Housing Owner-Occupant; 6. Affidavit of Intent to Purchase and Reside in a Designated Owner-Occupant Reserved Housing Residential Unit; 7. Affidavit of Eligibility to Purchase a Reserved Housing Unit in the Keauhou Place Condominium Project; 8. A sample Pre-Qualification Letter from an approved project lender; 9. A Uniform Residential Loan Application form; and 10. Information from each of the approved project lenders (Honolulu Home Loans and Bank of Hawaii) A COMPLETED Reserved Housing Application Packet shall contain the following: 1. Affidavit of Intent to Purchase and Reside in a Designated Owner-Occupant Reserved Housing Residential Unit o Must be fully completed, signed by all prospective purchasers (attorneys-infact are not acceptable), and signatures must be notarized; 2. Affidavit of Eligibility to Purchase a Reserved Housing Unit in the Keauhou Place Condominium Project o Must be fully completed, signed by all prospective purchasers (attorneys-infact are not acceptable), and signatures must be notarized; 3. Keauhou Place Registration Agreement Reserved Housing Owner-Occupant Page 2 of 9

3 o Agreement must be fully completed and signed by all prospective purchasers; and 4. Loan Pre-Qualification Letter provided by Honolulu Home Loans or Bank of Hawaii. II. ELIGIBILITY REQUIREMENTS FOR ORIGINAL PURCHASERS. Listed below are the proposed eligibility requirements for prospective purchasers of Reserved Housing Units in the Project. The Affidavit of Eligibility to Purchase a Reserved Housing Unit in the Keauhou Place Condominium Project (with notarized signature) shall specify that the prospective purchaser complies with the requirements of Section II.A listed below. The form and content of the affidavit shall be reviewed and approved by HCDA. Developer or Developer s designated representative shall be responsible to process and file the affidavits. The pre-qualification for a mortgage loan ( Pre-Qualification Letter ) shall be based upon the developer s designated lender s verification that the prospective purchaser meets the eligibility requirements of Sections II.B and II.C below. The Pre-Qualification Letter shall establish the maximum price of a Reserved Housing Unit for which the prospective purchaser may select and is qualified to purchase. A. QUALIFIED PERSONS. Mauka Area Rules, Subchapter 7 Sale and Rental of Reserved Housing Units, Section ( Qualifications for reserved housing ). The following shall be required for a prospective purchaser to qualify for the purchase of a Reserved Housing Unit in the Project: 1. Purchaser is a citizen of the United States or a resident alien; 2. Purchaser is a bona fide resident of the State of Hawaii; 3. Purchaser is at least of legal age; 4. Purchaser does not have a majority interest in a principal residence or a beneficial interest in a land trust on a principal residence within or without the State for a period of three (3) years immediately prior to the date of application for a Reserved Housing Unit under Section of the Mauka Area Rules; 5. If married, Purchaser s spouse does not have a majority interest in a principal residence or beneficial interest in a land trust on a principal residence within or without the State for a period of three (3) years immediately prior to the date of application for a Reserved Housing Unit under Section of the Mauka Area Rules; 6. Purchaser shall be the owner and occupant of the Reserved Housing Unit; and 7. Purchaser has never before purchased a Reserved Housing Unit under Section of the Mauka Area Rules. Page 3 of 9

4 EXCEPTION: Subject to the approval of the HCDA Executive Director, a current owner of a Reserved Housing Unit may apply to purchase a larger reserved unit in accordance with Section (c) of the Mauka Area Rules, provided that: a. The applicant s current household size, determined by the number of individuals on title and their dependents, has increased and exceeds the occupancy guidelines established in Section of the Mauka Area Rules; b. The applicant has resided in the current reserved unit for at least one (1) year; and c. The applicant qualifies to purchase a reserved housing unit in accordance with Section (a), except that the applicant s current ownership of a reserved housing unit shall not disqualify the applicant under Sections (a)(4), (5) and (7) of the Mauka Area Rules. Requests to purchase a larger reserved unit in accordance with Section (c) of the Mauka Area Rules shall be sent in writing no later than two (2) weeks prior to the application deadline to Anthony J. H. Ching, Executive Director, Hawaii Community Development Authority, 547 Queen Street, Honolulu, Hawaii Such request shall indicate the applicant s current household size, as well as the date that applicant s existing reserved housing unit was first purchased and the then-size of the applicant s household. 8. Annual income shall not exceed 140% of median income of a family of four in the City and County of Honolulu, as established by HUD for B. INCOME RESTRICTIONS. Mauka Area Rules, Subchapter 7 Sale and Rental of Reserved Housing Units, Section ( Income ). To provide flexibility in sales to qualified persons, the sales program will allow any household size in accordance with Section of the Mauka Area Rules to purchase either a one- or two-bedroom Reserved Housing Unit, provided that all qualifying criteria are satisfied. The adjusted household income of a Qualified Person purchasing a Reserved Housing Unit shall not exceed 140% of median income. The maximum qualifying income limits for 2015 are as follows: 2015 Reserved Housing Income Limits 1 Household Size Maximum Qualifying Income 1 Person $85,150 2 Persons $97,300 3 Persons $109,500 1 Income limits are rounded to the nearest $50. Page 4 of 9

5 4 Persons $121,650 5 Persons $131,400 6 Persons $141,100 7 Persons $150,850 8 Persons $160,600 The adjusted household income shall be the income earned during the most recent calendar year preceding the date of application to purchase a reserved housing unit for which copies of filed state and federal tax returns are available, which shall be verified by said copies of filed state and federal income tax returns. As used in this section, adjusted household income means the total income, before taxes and personal deductions, received by all members of the prospective purchaser s household, including but not limited to: wages, social security payments, retirement benefits, unemployment benefits, welfare benefits, and interest and dividend payments but not including business deductions. C. ASSET RESTRICTIONS. Mauka Area Rules, Subchapter 7 Sale and Rental of Reserved Housing Units, Section (c) ( Income ). The total net assets of a Qualified Person shall not exceed 125% of the applicable income limits. The maximum household asset limits for 2015 are as follows: Household Size Net Assets Limits 1 Person $106,438 2 Persons $121,625 3 Persons $136,875 4 Persons $152,063 5 Persons $164,250 6 Persons $176,375 7 Persons $188,563 8 Persons $200,750 Total net assets include, but are not limited to, all cash, securities, and real and personal property at current fair market value, less the value of any outstanding liabilities secured by such assets. Total net assets do not include any retirement accounts and gifts to assist in unit down payments. D. OCCUPANCY GUIDELINES. Mauka Area Rules, Subchapter 7 Sale and Rental of Reserved Housing Units, Section ( Occupancy Guidelines ). The following are occupancy guidelines for the Reserved Housing Units: Page 5 of 9

6 Unit Size Permissible Household Size Standard Household Size 0 bedroom 1-2 persons 1 person 1 bedroom 1-3 persons 2 persons 2 bedrooms 2-5 persons 4 persons 3 bedrooms 3-7 persons 5 persons 4 bedrooms 4-9 persons 6 persons III. RESTRICTIONS ON THE SALE OF THE UNIT BY THE ORIGINAL PURCHASER DURING FIRST TWO YEARS AND BEYOND. A. EQUITY SHARING REQUIREMENTS. Mauka Area Rules, Subchapter 7 Sale and Rental of Reserved Housing Units, Section ( Equity Sharing Requirements ). 1. HCDA s share of the equity in a Reserved Housing Unit shall become due as follows: a. At resale if HCDA waives its first option to purchase the Reserved Housing Unit during the Regulated Term (defined below in Section III.B.1); or b. At resale of the Reserved Housing Unit after the Regulated Term. 2. HCDA s share of the equity in the Reserved Housing Unit shall be the higher of: a. Method 1 Original Share Equity An amount equivalent to the difference between the original fair market value of the Reserved Housing Unit and its original sales contract price, not to exceed the difference between the resale fair market value and the original sales contract price (HCDA s original shared equity amount for each unit will be shown on a Reserved Housing Unit Price List and Shared Equity Amount schedule to be included in the materials provided to each prospective purchaser); or b. Method 2 Percentage Share of Equity An amount equivalent to the HCDA s percentage share of net appreciation calculated as the difference between the original fair market value of the Reserved Housing Unit and its original sales contract price divided by the original fair market value of the unit. Net appreciation means the resale fair market value less original sales contract price and actual resale costs incurred, if any. c. EXAMPLE: An example of the calculation of HCDA's share of the equity in the Reserved Housing Unit is as follows: o Original Fair Market Value = $650,000 o Original Sales Contract Price = $614,000 Page 6 of 9

7 o Resale Fair Market Value = $725,000 HCDA's share of the equity in the reserved housing unit shall be the higher of: Method 1 (Calculation per (b)(1)): (a) Original Fair Market Value $650, 000 (b) Original Sales Contract Price ($614,000) (c) Original Share of Equity [(a) minus (b)] $36,000 This amount shall not exceed the following: (d) Resale Fair Market Value $725,000 (e) Original Sales Contract Price ($614,000) (f) Maximum Equity Amount under this section [(d) minus (e)] $111,000 The share of equity under Method 1 is $36,000. Method 2 (Calculation per (b)(2)): (a) Resale Fair Market Value $725,000 (b) Original Sales Contract Price ($614,000) (c) Actual sales costs incurred ($50,750) (d) Net Appreciation [(a) minus (b) minus (c)] $60,250 (e) Original Fair Market Value $650,000 (f) Original Sales Contract Price ($614,000) (g) Original Discount [(e) minus (f)] $36,000 (h) Original Discount $36,000 (i) Original Fair Market Value $650,000 (j) HCDA s Percentage Share of New Appreciation [(h) divided by (i)] 5.54% (k) Net Appreciation $60,250 (l) HCDA s Percentage Share of Net Appreciation 5.54% (m) Share of Equity [(k) multiplied by (l)] $3, The share of equity under Method 2 is $3, HCDA's share of equity is $36,000 (the higher of the amounts determined in Method 1 and Method 2). 3. HCDA shall determine the fair market value of the Reserved Housing Unit at the time of the initial sale and at the time of resale. The price and terms on the resale of units shall be approved by HCDA. Page 7 of 9

8 B. CONDITIONS ON THE TRANSFER OF RESERVED HOUSING UNITS. Mauka Area Rules, Subchapter 7 Sale and Transfer of Reserved Housing Units, Section ( Conditions on Transfer of Reserved Housing Units ). 1. Sale During Regulated Term a. The original purchaser must comply with certain restrictions to sell the Reserved Housing Unit for a term of years based on unit affordability (the Regulated Term ). The Regulated Term for the Reserved Housing Units in the Project is as follows: (i) Reserved Housing Units affordable to qualified persons with adjusted household incomes of 100% to 119% of the 2015 HUD median income shall be subject to a five-year Regulated Term; (ii) Reserved Housing Units affordable to qualified persons with adjusted household incomes of 120% to 140% of the 2015 HUD median income shall be subject to a two-year Regulated Term. b. If the original purchaser wishes to transfer title to the unit, HCDA shall have the first option to purchase the unit at a sales price based on the lower of the following two (2) methods of valuation: (i) Method A Fair Market Approach The current fair market value less HCDA s share of the equity in the Reserved Housing Unit as determined by Section of the Mauka Area Rules; or (ii) Method B Median Income Approach The original sales price of the Reserved Housing Unit adjusted proportionately to the change in median income computed from the date of purchase to the date of sale. 2. Sale After The Regulated Term Or Waiver of HCDA Right of First Option After the end of the Regulated Term or if HCDA decides not to exercise its first option to purchase the Reserved Housing Unit during the Regulated Term, the original purchaser may sell the Reserved Housing Unit without restrictions; provided that the equity-sharing amount must be paid to HCDA. C. RENTAL OF RESERVED HOUSING UNITS. Mauka Area Rules, Subchapter 7 Sales and Rental of Reserved Housing Units, Section ( Conditions on Transfer of Reserved Housing Units ). Page 8 of 9

9 The prospective purchaser will be purchasing the Reserved Housing Unit as an owner-occupant and, therefore, must occupy the Reserved Housing Unit at all times during the Regulated Term. After the Regulated Term, the rental of the Reserved Housing Unit shall not be allowed prior to the satisfaction of the equity sharing requirements listed above unless the purchaser, with the prior review and approval of HCDA, converts the Reserved Housing Unit to a rental. If converted to a rental, the purchaser may only rent the Reserved Housing Unit to qualified persons and households and charge such rent amounts as are in accordance with the Mauka Area Rules and as approved by HCDA. After the Regulated Term and payment to HCDA of the equity sharing amount as determined by the Mauka Area Rules, the rental of the Reserved Housing Unit shall not be subject to any restrictions under the Mauka Area Rules or by HCDA. IV. TIMELINE The estimated timeline for the sale of the 85 Reserved Housing Units is as follows: Event Date First Presale Announcement Friday, March 27, 2015 Begin Distributing Applications Saturday, March 28, 2015 Application Pick-Up Period March 28 to April 3, 2015 Second Presale Announcement Sunday, March 29, 2015 Begin Accepting Completed Applications Friday, April 10, 2015 Application Deadline to be Considered for Lottery Thursday, April 16, 2015 Lottery Event for 85 Reserved Housing Units Saturday, April 18, 2015 Unit Selection Event for 85 Reserved Housing Units Sunday, April 19, 2015 Page 9 of 9

Home for Sale Thompson Corner @ River Valley Ranch Carbondale Community Housing Program

Home for Sale Thompson Corner @ River Valley Ranch Carbondale Community Housing Program Home for Sale Thompson Corner @ River Valley Ranch Carbondale Community Housing Program $187,600 589 Jacobs Place, Carbondale Open House: Saturday, October 6th 2:30 4:30pm Details: www.garfieldhousing.com

More information

County "SELP" Program Guidelines & Procedures

County SELP Program Guidelines & Procedures Charles County First Time Home Buyers Settlement Expense Loan Program for Charles County County "SELP" Program Guidelines & Procedures December 1997 Revised May 8, 2012 Supported by Charles County Commissioners

More information

Village of Ossining Affordable Housing Rules and Regulations (as revised 1/15/13)

Village of Ossining Affordable Housing Rules and Regulations (as revised 1/15/13) Village of Ossining Affordable Housing Rules and Regulations (as revised 1/15/13) Purpose: The Village Board of Trustees adopted an Affordable Housing Policy on April 14, 2006 and Chapter 62 of the Village

More information

FIRST TIME HOMEBUYERS PROGRAM GUIDELINES (for Market Rate Units) Last Revised October 3, 2013

FIRST TIME HOMEBUYERS PROGRAM GUIDELINES (for Market Rate Units) Last Revised October 3, 2013 FIRST TIME HOMEBUYERS PROGRAM GUIDELINES (for Market Rate Units) Last Revised October 3, 2013 I. Applicant Eligibility a. The total household income can be no greater than 120% of area median, adjusted

More information

PALM BEACH COUNTY Workforce Housing Homebuyer/Renter Information (2015)

PALM BEACH COUNTY Workforce Housing Homebuyer/Renter Information (2015) PALM BEACH COUNTY Workforce Housing Homebuyer/Renter Information (2015) What is the Workforce Housing Program? The Workforce Housing Program provides for the development of workforce housing units in all

More information

BELOW MARKET RATE HOME OWNERSHIP PROGRAM GUIDELINES

BELOW MARKET RATE HOME OWNERSHIP PROGRAM GUIDELINES BELOW MARKET RATE HOME OWNERSHIP PROGRAM GUIDELINES INTRODUCTION These City of Sunnyvale Below Market Rate Home Ownership Program (the Program ) Guidelines set forth the eligibility criteria and application

More information

COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws)

COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws) COMPLETING A PERSONAL NET WORTH STATEMENT (Personal Net Worth Statements and Related Financial Information Are Not Subject To Public Disclosure Laws) For New Applicants: All Owners Claiming Disadvantaged

More information

INFORMATION PACKET NORFOLK AFFORDABLE HOUSING LOTTERY NORFOLK TOWN CENTER CONDOMINIUMS

INFORMATION PACKET NORFOLK AFFORDABLE HOUSING LOTTERY NORFOLK TOWN CENTER CONDOMINIUMS INFORMATION PACKET NORFOLK AFFORDABLE HOUSING LOTTERY This packet contains specific information on the background, eligibility requirements, selection priority categories, application process and the affordable

More information

CITY OF MURFREESBORO AFFORDABLE HOUSING ASSISTANCE PROGRAM POLICIES AND PROCEDURES

CITY OF MURFREESBORO AFFORDABLE HOUSING ASSISTANCE PROGRAM POLICIES AND PROCEDURES CITY OF MURFREESBORO AFFORDABLE HOUSING ASSISTANCE PROGRAM POLICIES AND PROCEDURES 100. Purpose The Murfreesboro Affordable Housing Assistance Program (the Program) encourages homeownership for low-income,

More information

PIMA COUNTY COMMUNITY LAND TRUST HOME BUYER SELECTION POLICIES & PROCEDURES

PIMA COUNTY COMMUNITY LAND TRUST HOME BUYER SELECTION POLICIES & PROCEDURES PIMA COUNTY COMMUNITY LAND TRUST HOME BUYER SELECTION POLICIES & PROCEDURES I. OVERVIEW This policy paper is intended to guide the development and implementation of both general and projectspecific homebuyer

More information

Appendix 11: AFFORDABLE HOUSING TERMS & CRITERIA

Appendix 11: AFFORDABLE HOUSING TERMS & CRITERIA Appendix 11: AFFORDABLE HOUSING TERMS & CRITERIA (Provided by the Southampton Housing Authority March 18, 2013) What is Affordable Housing? There are a number of definitions of affordable housing as federal

More information

Neighborhood Housing Services Silicon Valley BRE License #01324196 NMLS #259971

Neighborhood Housing Services Silicon Valley BRE License #01324196 NMLS #259971 BELOW MARKET RATE (BMR) BUYER & HOME SELECTION PROCESS City of Santa Clara: Central Park City of Santa Clara BMR Program Overview Neighborhood Housing Services Silicon Valley (NHSSV) in collaboration with

More information

INFORMATION AND APPLICATION FOR AFFORDABLE HOUSING

INFORMATION AND APPLICATION FOR AFFORDABLE HOUSING INFORMATION AND APPLICATION FOR AFFORDABLE HOUSING Affordable Housing Unit available for households earning up to 100% of the Boston Area Median Income Town of Concord, MA This packet contains specific

More information

2015 Housing Resource Group, LLC 1

2015 Housing Resource Group, LLC 1 Your application must include: Copies of the last five most recent current consecutive pay stubs for all household members age 18 or older Verification of self-employment income received during the preceding

More information

For. approval. St., #8, 368 Elliot

For. approval. St., #8, 368 Elliot For Sale Affordable Condoo in Newton $154,558-1 Bedroom OPEN HOUSE: Sunday, June 1, 2014 2-4 pm 368 Elliot St., #8, To qualify: first time homebuyer; Maximum annual gross s income; family of 1-$47, 7,450,

More information

CITY OF HUNTSVILLE, ALABAMA. DOWNPAYMENT ASSISTANCE PROGRAM - DAP Program Description & Guidelines

CITY OF HUNTSVILLE, ALABAMA. DOWNPAYMENT ASSISTANCE PROGRAM - DAP Program Description & Guidelines CITY OF HUNTSVILLE, ALABAMA DOWNPAYMENT ASSISTANCE PROGRAM - DAP Program Description & Guidelines Contact information: Community Development, 120 E. Holmes Ave, Huntsville, Ala. 35801, 256-427-5400, fax.

More information

INTERNAL SERVICES DEPARTMENT SMALL BUSINESS DEVELOPMENT SMALL BUSINESS CERTIFICATION APPLICATION

INTERNAL SERVICES DEPARTMENT SMALL BUSINESS DEVELOPMENT SMALL BUSINESS CERTIFICATION APPLICATION INTERNAL SERVICES DEPARTMENT SMALL BUSINESS DEVELOPMENT SMALL BUSINESS CERTIFICATION APPLICATION BUSINESS OWNER S DETAILED PERSONAL FINANCIAL STATEMENT (Attachment A) PERSONAL FINANCIAL STATEMENT AFFIDAVIT

More information

City of Elyria, Ohio First-Time Homebuyer Assistance Program

City of Elyria, Ohio First-Time Homebuyer Assistance Program Revised 10/07 City of Elyria, Ohio First-Time Homebuyer Assistance Program Location: City-wide (No Target Area for this program) Description/Purpose: This program is designed to provide assistance with

More information

TOWN OF AMHERST Federal Home Loan Bank HomeBuyers Assistance Grant Program

TOWN OF AMHERST Federal Home Loan Bank HomeBuyers Assistance Grant Program TOWN OF AMHERST Federal Home Loan Bank HomeBuyers Assistance Grant Program The Town of Amherst, through the Federal Home Loan Bank's Affordable Housing Program, is offering loans for first-time homebuyers

More information

INFORMATIONAL BROCHURE

INFORMATIONAL BROCHURE State of Hawaii Housing and Community Development Corporation of Hawaii INFORMATIONAL BROCHURE FOR THE SECTION 8 HOMEOWNERSHIP OPTION PROGRAM TABLE OF CONTENTS Page No. What Is The Section 8 Homeownership

More information

The City of Gaithersburg (MPDU and WFHU) Purchase Program Application Packet. http://www.gaithersburgmd.gov/services/housing-services.

The City of Gaithersburg (MPDU and WFHU) Purchase Program Application Packet. http://www.gaithersburgmd.gov/services/housing-services. The City of Gaithersburg (MPDU and WFHU) Purchase Program Application Packet http://www.gaithersburgmd.gov/services/housing-services Instructions The City of Gaithersburg uses this application to collect

More information

Cotuit Meadows Cotuit, MA 3-Bedroom, 2-Bath Single Family Homes $189,000

Cotuit Meadows Cotuit, MA 3-Bedroom, 2-Bath Single Family Homes $189,000 Cotuit Meadows Cotuit, MA 3-Bedroom, 2-Bath Single Family Homes $189,000 Cotuit Meadows is a 124-home development built on 50 acres of land located off Falmouth Road (Route 28) at the Barnstable-Mashpee

More information

Affordable Homeownership

Affordable Homeownership Housing and Human Services Division Affordable Homeownership Program Guidelines The City s Affordable Homeownership Program (also referred to as the Inclusionary Housing Program) provides homeownership

More information

STANDARD CLAUSES RELATED TO COLUMBUS REALTORS RESIDENTIAL PURCHASE CONTRACT August 2013

STANDARD CLAUSES RELATED TO COLUMBUS REALTORS RESIDENTIAL PURCHASE CONTRACT August 2013 STANDARD CLAUSES RELATED TO COLUMBUS REALTORS RESIDENTIAL PURCHASE CONTRACT August 2013 WARNING!! Real estate licensees are not permitted to engage in the authorized practice of law. The clauses set forth

More information

Rio Homes Permanently Affordable Homes Application Process

Rio Homes Permanently Affordable Homes Application Process Rio Homes Permanently Affordable Homes Application Process Thank you for your interest in the third phase of the Rio Homes. This partnership between AZNORTH Development, Inc. and the City of Flagstaff

More information

West Valley City Grants Department Down Payment Assistance Policy & Information Packet

West Valley City Grants Department Down Payment Assistance Policy & Information Packet West Valley City Grants Department Down Payment Assistance Policy & Information Packet Current Revision: 9/09 1 CONTENTS DOWN PAYMENT ASSISTANCE (DPA) POLICY: Section I Section II Section III Section IV

More information

INFORMATION PACKET ACTON AFFORDABLE HOUSING LOTTERY QUAIL RIDGE

INFORMATION PACKET ACTON AFFORDABLE HOUSING LOTTERY QUAIL RIDGE INFORMATION PACKET ACTON AFFORDABLE HOUSING LOTTERY QUAIL RIDGE This packet contains specific information on the background, eligibility requirements, selection priority categories, application process

More information

ISLIP IX BRENTWOOD WORKFORCE HOUSING PROGRAM

ISLIP IX BRENTWOOD WORKFORCE HOUSING PROGRAM ISLIP IX BRENTWOOD WORKFORCE HOUSING PROGRAM PROGRAM GUIDELINES Please Read Carefully I. Program Description The Long Island Housing Partnership, Inc. and its Affiliates (LIHP) and the Islip Town Community

More information

2016 HOME REQUEST FOR PROPOSALS AFFORDABLE HOUSING ACQUISITION AND/OR REHABILITATION or NEW CONSTRUCTION

2016 HOME REQUEST FOR PROPOSALS AFFORDABLE HOUSING ACQUISITION AND/OR REHABILITATION or NEW CONSTRUCTION 2016 HOME REQUEST FOR PROPOSALS AFFORDABLE HOUSING ACQUISITION AND/OR REHABILITATION or NEW CONSTRUCTION The Eugene-Springfield HOME Consortium invites proposals from for-profit developers, non-profit

More information

FILING DEADLINE IS MARCH 1, 2015. Name on Tax Bill: GPIN: Account: GENERAL INFORMATION AND REQUIREMENTS

FILING DEADLINE IS MARCH 1, 2015. Name on Tax Bill: GPIN: Account: GENERAL INFORMATION AND REQUIREMENTS T. Scott Harris, MCR Commissioner COUNTY OF HANOVER, VIRGINIA REACH: REAL ESTATE TAX RELIEF-SENIOR TAX YEAR 2015 Office of the Commissioner of the Revenue PO Box 129, Hanover, VA 23069 Tel: 804-365-6128

More information

CITY OF PERRIS HOUSING DIVISION 135 N. D STREET, PERRIS, CA 92570-220 TEL: (951) 943-5003 FAX: (951) 956-2179

CITY OF PERRIS HOUSING DIVISION 135 N. D STREET, PERRIS, CA 92570-220 TEL: (951) 943-5003 FAX: (951) 956-2179 CITY OF PERRIS HOUSING DIVISION 135 N. D STREET, PERRIS, CA 92570-220 TEL: (951) 943-5003 FAX: (951) 956-2179 HOMEBUYERS ASSISTANCE PROGRAM F.A.Q S for Buyers What is the Homebuyer Assistance Program (HAP)?

More information

Lottery Information The Willows Ayer, MA

Lottery Information The Willows Ayer, MA Lottery Information The Willows Ayer, MA Located at Longview Circle in Ayer, The Willows is starting a new phase of construction which will offer 13 new homes for eligible first time homebuyers (certain

More information

Brooklyn Park Economic Development Authority

Brooklyn Park Economic Development Authority Brooklyn Park Economic Development Authority Neighborhood Stabilization Program NSP HOMEBUYER ASSISTANCE PROGRAM FOR CITY/PARTNER ACQUISITION AND REHAB Program Description & Guidelines July 2011 TABLE

More information

CDCLI First Time Homebuyer Program

CDCLI First Time Homebuyer Program CDCLI First Time Homebuyer Program PROGRAM GUIDELINES Please Read Carefully I. Program Description II. Community Development Corporation of Long Island, Inc. (CDCLI) and its affiliates working in cooperation

More information

Region of Waterloo Affordable Home Ownership Program

Region of Waterloo Affordable Home Ownership Program Region of Waterloo Affordable Home Ownership Program Fact Sheet January 2014 update Note: The information in this Fact Sheet is subject to change from time to time at the discretion of the Region of Waterloo

More information

FAQ for the First-time Homebuyer Tax Credit

FAQ for the First-time Homebuyer Tax Credit FAQ for the First-time Homebuyer Tax Credit The following 24 questions and answers provide basic information about the new home buyer tax credit. If you have more specific questions, we strongly encourage

More information

ACTS, 1983. - Chap. 527.

ACTS, 1983. - Chap. 527. sis of salaries for the same or similar types of positions paid by other governments and by private employers with which the commonwealth must compete in securing qualified applicants for such positions.

More information

PARK LANE PURCHASE AGREEMENT & DEPOSIT RECEIPT

PARK LANE PURCHASE AGREEMENT & DEPOSIT RECEIPT PARK LANE PURCHASE AGREEMENT & DEPOSIT RECEIPT THIS AGREEMENT is made by and between AMX PARTNERS, LLC, a Delaware limited liability company, whose place of business and post office address is 1288 Ala

More information

HUD.GOV/HUDHomes U.S. Department of Housing and Urban Development

HUD.GOV/HUDHomes U.S. Department of Housing and Urban Development HUD.GOV/HUDHomes U.S. Department of Housing and Urban Development HUD Listing and Bidding Procedures Disclosures HUD Homes are sold "As Is" without warranty. Irregularities in bids: HUD reserves the right

More information

Information and Application for Affordable Housing 31 Hartland Way, Acton, MA, 01720 Residences at Robbins Brook, Unit 68 $180,000

Information and Application for Affordable Housing 31 Hartland Way, Acton, MA, 01720 Residences at Robbins Brook, Unit 68 $180,000 Information and Application for Affordable Housing 31 Hartland Way, Acton, MA, 01720 Residences at Robbins Brook, Unit 68 $180,000 OPEN HOUSE June 1 st 1-2:30pm This packet contains specific information

More information

TAX DEFERRAL INFORMATION AND INSTRUCTION SHEET

TAX DEFERRAL INFORMATION AND INSTRUCTION SHEET CECIL COUNTY, MARYLAND OFFICE OF FINANCE 200 CHESAPEAKE BLVD, STE. 1100 ELKTON, MARYLAND 21921 TAX DEFERRAL INFORMATION AND INSTRUCTION SHEET The Annotated Code of Maryland, Tax-Property Article 10-204

More information

Lottery Information Shaw Farm Village Concord, MA

Lottery Information Shaw Farm Village Concord, MA Lottery Information Shaw Farm Village Concord, MA Located at 1257 Elm Street, Shaw Farm Village is a new 8 home development offering one two bedroom and one three bedroom home for eligible first time homebuyers

More information

Qualification/Application Process for Purchasing Sitka Community Land Trust Home

Qualification/Application Process for Purchasing Sitka Community Land Trust Home SITKA COMMUNITY DEVELOPMENT CORPORATION Community-Supported, Sustainable, Affordable Home Ownership EIN: 35-2292107 PO Box 6461, Sitka, AK 99835 * P/F: 907-747-2860 C: 907-738-2888 * sitkaaffordablehousing.org

More information

Invitation for Purchase 159 Settlers Landing Road Hampton, Virginia 23669 By Hampton Redevelopment & Housing Authority

Invitation for Purchase 159 Settlers Landing Road Hampton, Virginia 23669 By Hampton Redevelopment & Housing Authority Invitation for Purchase 159 Settlers Landing Road Hampton, Virginia 23669 By Hampton Redevelopment & Housing Authority Sales Price - $72,135 The Hampton Redevelopment and Housing Authority (HRHA) is soliciting

More information

West Valley City Grants Department Rehabilitation Loan Program Policy & Information Packet

West Valley City Grants Department Rehabilitation Loan Program Policy & Information Packet West Valley City Grants Department Rehabilitation Loan Program Policy & Information Packet Current Revision: 9/09 1 CONTENTS REHABILITATION LOAN PROGRAM (RLP) POLICY: Section I Section II Section III Section

More information

City of Perris First Time Homebuyer Homebuyer Assistance Program (HAP) Lender Training

City of Perris First Time Homebuyer Homebuyer Assistance Program (HAP) Lender Training City of Perris First Time Homebuyer Homebuyer Assistance Program (HAP) Lender Training 2010 Agenda Staff Introductions HAP Program Summary HAP Program Requirements HAP Program Procedures Becoming an Approved

More information

APPLICATION NUMBER MSC-20 PART I: The following information is optional and is used for statistical purposes only

APPLICATION NUMBER MSC-20 PART I: The following information is optional and is used for statistical purposes only APPLICATION FOR HOME IMPROVEMENT LOAN LEELANAU COUNTY HOUSING REHABILITATION PROGRAM EQUAL HOUSING OPPORTUNITY: BUSINESS CONDUCTED IN ACCORDANCE WITH THE FEDERAL FAIR HOUSING ACT OF 1988 FOR OFFICE USE

More information

RESIDENTIAL REHABILITATION PROGRAM

RESIDENTIAL REHABILITATION PROGRAM City of North Lauderdale COMMUNITY DEVELOPMENT DEPARTMENT 701 S.W. 71 st Avenue North Lauderdale, Florida 33068 Telephone: (954) 724-7065 Fax: (954) 720-2064 RESIDENTIAL REHABILITATION PROGRAM If you are

More information

BELOW MARKET RATE HOME OWNERSHIP PROGRAM APPLICATION PACKET

BELOW MARKET RATE HOME OWNERSHIP PROGRAM APPLICATION PACKET BELOW MARKET RATE HOME OWNERSHIP PROGRAM APPLICATION PACKET Applicant Household Qualifications Below Market Rate Home Ownership Program QUALIFICATION STANDARDS AND PROGRAM REQUIREMENTS The following table

More information

BUYER'S DISCLOSURE STATEMENT

BUYER'S DISCLOSURE STATEMENT BUYER'S DISCLOSURE STATEMENT CITY OF WALNUT CREEK INCLUSIONARY HOUSING PROGRAM ADMINISTRATIVE COVER SHEET (Remove Upon Completion) BLANK LINES: CHECKLIST Eligible Purchaser Income Level, p. 3, Section

More information

*** All renewal applications must be filed by March 2, 2015 ***

*** All renewal applications must be filed by March 2, 2015 *** REAL ESTATE AND MOBILE HOME TAX RELIEF APPLICATION Office of the Tel.: (804) 652-2161 Fax: (804) 829-6228 2015 Tax ID No.: For Office Use Only Applicant s Name: *** All renewal applications must be filed

More information

ESSEX COUNTY REAL ESTATE TAX EXEMPTION TAX RELIEF FOR THE ELDERLY AND DISABLED TAX RELIEF FOR THE YEAR OF: 20

ESSEX COUNTY REAL ESTATE TAX EXEMPTION TAX RELIEF FOR THE ELDERLY AND DISABLED TAX RELIEF FOR THE YEAR OF: 20 ESSEX COUNTY REAL ESTATE TAX EXEMPTION TAX RELIEF FOR THE ELDERLY AND DISABLED TAX RELIEF FOR THE YEAR OF: 20 Income can not exceed 27,500 Financial worth can not exceed 100,000 Maximum exemption granted

More information

CITY OF SOUTH EL MONTE

CITY OF SOUTH EL MONTE CITY OF SOUTH EL MONTE FIRST TIME HOMEBUYER LOAN PROGRAM GUIDELINES (CalHome Program) Revised April 2013 City of South El Monte Housing Department 1415 North Santa Anita Avenue South El Monte, CA. 91733

More information

Affordability Analysis of 801 South Street Tower B. Revised: 21 November 2013. Ariel Salinas asalinas@gmail.com

Affordability Analysis of 801 South Street Tower B. Revised: 21 November 2013. Ariel Salinas asalinas@gmail.com Affordability Analysis of 801 South Street Tower B Revised: 21 November 2013 Ariel Salinas asalinas@gmail.com Introduction 801 South Street Tower B is supposed to offer affordably priced units that comply

More information

FHA STREAMLINE REFINANCE PRODUCT PROFILE

FHA STREAMLINE REFINANCE PRODUCT PROFILE Terms 30 Year Terms 15 Year Terms Maximum LTV/CLTV LTV/CLTV Score LTV/CLTV Score Non-Credit Qualifying N/A N/A Credit Qualifying 97.75% 97.75% Applies to Case Numbers assigned on or after January 26, 2015

More information

One Affordable Homeownership Unit - Adaptable Unit with Accessible Features

One Affordable Homeownership Unit - Adaptable Unit with Accessible Features One Affordable Homeownership Unit - Adaptable Unit with Accessible Features Located at 100 Pacific Street near Central Square, this unit will be available, through the City s Inclusionary Housing Program,

More information

Purchase an Affordable Home in Orange County

Purchase an Affordable Home in Orange County Purchase an Affordable Home in Orange County Habitat for Humanity of Orange County offers affordable homeownership opportunities. Families who work in Orange County can live in Orange County under construction:

More information

Tri-Valley Down Payment Assistance Program Guidelines

Tri-Valley Down Payment Assistance Program Guidelines Tri-Valley Down Payment Assistance Program Guidelines The Tri-Valley Down Payment Assistance (DPA) Program is a regional program that provides secondary down payment and closing cost assistance to income

More information

This Document Contains Pages UNIT NO. TMK NO. (1) 2-1-004: 001, 032, 047 & 048 UNDIVIDED INTEREST: 0. %

This Document Contains Pages UNIT NO. TMK NO. (1) 2-1-004: 001, 032, 047 & 048 UNDIVIDED INTEREST: 0. % LAND COURT AFTER RECORDATION, RETURN BY MAIL [ ] PICK-UP [ ] REGULAR SYSTEM TG: TGE: This Document Contains Pages UNIT NO. TMK NO. (1) 2-1-004: 001, 032, 047 & 048 UNDIVIDED INTEREST: 0. % CPR NO. 0 UNILATERAL

More information

We look forward to helping you realize your dream of homeownership in your new home at 5800 Third St. Shoreh and Henry The 5800 Third Sales Team

We look forward to helping you realize your dream of homeownership in your new home at 5800 Third St. Shoreh and Henry The 5800 Third Sales Team Affordable Homes in San Francisco's Bayview District One, two- and three bedroom Below Market Rate Homes Thank you for your interest in the BMR homes at 5800 Third in Phase 2. Sales of the homes and selections

More information

OCEAN COUNTY CONSORTIUM FIRST TIME HOMEBUYER PROGRAM REQUIREMENTS

OCEAN COUNTY CONSORTIUM FIRST TIME HOMEBUYER PROGRAM REQUIREMENTS OCEAN COUNTY CONSORTIUM FIRST TIME HOMEBUYER PROGRAM REQUIREMENTS The Ocean County Consortium receives HOME Investment Partnership Program funding each year from the U.S. Department of Housing and Urban

More information

E MORTGAGE MANAGEMENT, LLC 504 FHA STREAMLINES

E MORTGAGE MANAGEMENT, LLC 504 FHA STREAMLINES E MORTGAGE MANAGEMENT, LLC 504 FHA STREAMLINES PRODUCT GUIDELINES 2/10/2015 504 FHA Streamlines Mortgage Eligibility Product Code Short Description Long Description Description FF15SL FHA 15 YR SL FF15SL

More information

NORTH IOWA SINGLE-FAMILY NEW CONSTRUCTION APPLICATION FOR HOME BUYER ASSISTANCE

NORTH IOWA SINGLE-FAMILY NEW CONSTRUCTION APPLICATION FOR HOME BUYER ASSISTANCE NORTH IOWA SINGLE-FAMILY NEW CONSTRUCTION APPLICATION FOR HOME BUYER ASSISTANCE Applicant Name: Social Security Number: Spouse /Co-Householder Name: Social Security Number: Address/City/Zip: Telephone

More information

Provo City Redevelopment Agency Home Purchase Plus Down-Payment Assistance (DPA) Program Guidelines

Provo City Redevelopment Agency Home Purchase Plus Down-Payment Assistance (DPA) Program Guidelines Provo City Redevelopment Agency Home Purchase Plus Down-Payment Assistance (DPA) Program Guidelines Effective 24-January-2014 THE PROVO CITY REDEVELOPMENT AGENCY RESERVES THE RIGHT TO CHANGE THIS PROGRAM

More information

Dear Prospective Homebuyer:

Dear Prospective Homebuyer: Dear Prospective Homebuyer: Thank you for expressing interest in the single family homes NHS Redevelopment Corporation has for sale. These affordable, rehabilitated homes are being sold through our NeighborHomes

More information

City of Rockford Community Development Department

City of Rockford Community Development Department City of Rockford Community Development Department Revised July 2005 GENERAL ELIGIBILITY REQUIREMENTS (For West Side Alive and Homestead Partnership programs ONLY) 1. Applicant must be an U.S. Citizen or

More information

FIRST TIME HOME BUYER PROGRAM FREQUENTLY ASKED QUESTIONS

FIRST TIME HOME BUYER PROGRAM FREQUENTLY ASKED QUESTIONS FIRST TIME HOME BUYER PROGRAM FREQUENTLY ASKED QUESTIONS QUALIFICATION/ELIGIBILITY QUESTIONS 1. What if I haven t previously bought a home, but my spouse has? If my spouse is not going to be on the mortgage,

More information

CALHOME MORTGAGE ASSISTANCE PROGRAM GUIDELINES

CALHOME MORTGAGE ASSISTANCE PROGRAM GUIDELINES PLANNING AND DEVELOPMENT DEPARTMENT HOUSING AND COMMUNITY DEVELOPMENT DIVISION CALHOME MORTGAGE ASSISTANCE PROGRAM GUIDELINES PROGRAM OVERVIEW The CalHome Mortgage Assistance Program is a program funded

More information

Critical Home Repair Application Process

Critical Home Repair Application Process Critical Home Repair Application Process The Critical Home Repair (CHR) Program is a home preservation program that provides needed interior and exterior repairs for low-income homeowners, so that they

More information

Homebuyers Guide Homeownership Program

Homebuyers Guide Homeownership Program Homebuyers Guide Homeownership Program s:\housing\homeownership\marketing\website\manuals\buyer-guide.docx 2 Table of Contents Welcome!... 3 Programs Summary... 4 Homeworks Permanently Affordable Program

More information

Home Equity Conversion Mortgage Basics

Home Equity Conversion Mortgage Basics Home Equity Conversion Mortgage Basics Kelly Zitlow NMLS#164330 Vice President, CMPS 480.398.4908 kzitlow@ccmclending.com www.kellyzitlow.com Cherry Creek Mortgage Co., Inc. NMLS#3001 AZ BK#0904024 17015

More information

MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT DIVISION

MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT DIVISION MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT DIVISION Subject: SUBSIDY LIMITS AND LIEN REQUIREMENTS Effective Date: September 1, 2015 (revised 10/15/15) This policy defines the subsidy

More information

First-Time Homebuyer Programs in Portland

First-Time Homebuyer Programs in Portland First-Time Homebuyer Programs in Portland PDC s Neighborhood Housing Program 10/2008 PDC s Vision and Mission Our Mission is to bring together resources to achieve Portland s vision of a diverse, sustainable

More information

Fairfax County Department of Housing and Community Development

Fairfax County Department of Housing and Community Development Fairfax County Department of Housing and Community Development First-Time Homebuyers Program Affordable Homeownership Opportunities in Fairfax County The First Time Homebuyers (FTHB) Program is a component

More information

MARSHFIELD - HOUSING OPPORTUNITY PURCHASE PROGRAM Round 9

MARSHFIELD - HOUSING OPPORTUNITY PURCHASE PROGRAM Round 9 MARSHFIELD - HOUSING OPPORTUNITY PURCHASE PROGRAM Round 9 GUIDELINES AND APPLICATION The Marshfield Housing Partnership is making up to $950,000 in additional down payment funds available to assist income-eligible

More information

Section 1.16a Resale/Deed Restrictions Guidelines

Section 1.16a Resale/Deed Restrictions Guidelines Section 1.16a Resale/Deed Restrictions Guidelines In This Section This section contains the following topics: Overview... 2 Introduction... 2 Related Bulletins... 2 General... 2 Identification and Eligibility

More information

Gustav/Ike Hurricane Recovery

Gustav/Ike Hurricane Recovery Gustav/Ike Hurricane Recovery COMPETITIVE AFFORDABLE RENTAL PROGRAM Program Made Possible By Louisiana Recovery Authority, The Office Of Community Development s Disaster Recovery Unit And U.S. Department

More information

Hallandale Beach Community Redevelopment Agency First Time Homebuyers Program

Hallandale Beach Community Redevelopment Agency First Time Homebuyers Program Hallandale Beach Community Redevelopment Agency First Time Homebuyers Program Program Overview Under the First Time Homebuyer Program, the Hallandale Beach CRA will provide up to $50,000 in assistance

More information

LOSS MITIGATION APPLICATION

LOSS MITIGATION APPLICATION Loan Number: {1} LOSS MITIGATION APPLICATION COMPLETE ALL PAGES OF THIS FORM See Instructions corresponding with numbers in brackets {} on form BORROWER {3} CO BORROWER {4} Borrower s Name Co Borrower

More information

MAYOR S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT (MOHCD) CITY AND COUNTY OF SAN FRANCISCO

MAYOR S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT (MOHCD) CITY AND COUNTY OF SAN FRANCISCO MAYOR S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT CITY AND COUNTY OF SAN FRANCISCO EDWIN M. LEE MAYOR OLSON LEE DIRECTOR PLEASE SUBMIT THIS APPLICATION DIRECTLY TO THE SALES TEAM, NOT TO THE CITY. SEE

More information

1031EXCHANGE HANDBOOK

1031EXCHANGE HANDBOOK SECTION 1031EXCHANGE HANDBOOK YOUR QUESTIONS ANSWERED Investment Exchange Group Toll free 800.908.1031 www.ixg1031.com Investment Exchange Group This 1031 Exchange Handbook will simplify and clarify terminology

More information

Estes Valley Workforce Housing Assistance Down Payment Assistance Loan Program PROGRAM GUIDELINES

Estes Valley Workforce Housing Assistance Down Payment Assistance Loan Program PROGRAM GUIDELINES Estes Valley Workforce Housing Assistance Down Payment Assistance Loan Program PROGRAM GUIDELINES Eligible Borrowers: Income: Employment: Borrowers must be First Time Homebuyers as defined as not having

More information

TOWN OF AMHERST First-Time Homebuyers Program

TOWN OF AMHERST First-Time Homebuyers Program Amherst Town of Amherst Planning Department Erie County, New York Barry A. Weinstein, MD Supervisor Eric W. Gillert, AICP Planning Director Gary Black, AICP Assistant Planning Director TOWN OF AMHERST

More information

IHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY

IHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY IHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PART 355 ILLINOIS AFFORDABLE HOUSING TAX CREDIT PROGRAM SUBPART A:

More information

BUYER'S DISCLOSURE STATEMENT

BUYER'S DISCLOSURE STATEMENT Marin County Below Market Rate Home Ownership Program BUYER'S DISCLOSURE STATEMENT Buyer(s): Property Address: Name of Development: Local Jurisdiction: Income Category of Unit: Purchase Price: NOTICE:

More information

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-467-Ins (9/09) INSTRUCTIONS FOR THE APPLICATION FOR THE PARTIAL REAL PROPERTY TAX EXEMPTION FOR SENIOR CITIZENS EXEMPTION

More information

Administration of Affordable Dwelling Units by the Department of Housing and Community Development

Administration of Affordable Dwelling Units by the Department of Housing and Community Development Administration of Affordable Dwelling Units by the Department of Housing and Community Development The mission of the Department of Housing and Community Development (DHCD) is to create and preserve opportunities

More information

Preparing Family Net Worth and Income Statements

Preparing Family Net Worth and Income Statements Family and Consumer Sciences FSFCS49 Preparing Family Net Worth and Income Statements Laura Connerly Instructor - Family Resource Management Arkansas Is Our Campus Visit our web site at: http://www.uaex.edu

More information

Deferred Payment Scheme Information Leaflet

Deferred Payment Scheme Information Leaflet Deferred Payment Scheme Information Leaflet What is the Deferred Payments Scheme? The Deferred Payments Scheme is designed to help you if you have been assessed as having to pay the full cost of your residential

More information

Vacant Properties Rehabilitation Program

Vacant Properties Rehabilitation Program City of Columbus Department of Development Housing Division Vacant Properties Rehabilitation Program Redevelopment for Homeownership/ Lease-Purchase Guidelines Old Oaks City of Columbus Department of Development

More information

CITY OF SAN DIEGO 3% INTEREST DEFERRED LOAN PROGRAM GUIDELINES

CITY OF SAN DIEGO 3% INTEREST DEFERRED LOAN PROGRAM GUIDELINES CITY OF SAN DIEGO 3% INTEREST DEFERRED LOAN PROGRAM GUIDELINES Program Overview: BUYERS EARNING 100% OR LESS OF AREA MEDIAN INCOME (AMI) The 3% Interest Deferred Loan Program is a homeownership program

More information

GREATER SYRACUSE PROPERTY DEVELOPMENT CORPORATION DISPOSITION OF REAL AND PERSONAL PROPERTY POLICY

GREATER SYRACUSE PROPERTY DEVELOPMENT CORPORATION DISPOSITION OF REAL AND PERSONAL PROPERTY POLICY GREATER SYRACUSE PROPERTY DEVELOPMENT CORPORATION DISPOSITION OF REAL AND PERSONAL PROPERTY POLICY SECTION 1. PURPOSE. This policy (the "Policy") sets forth guidelines for the Land Bank's disposal of real

More information

HomeTown: Portsmouth s First Time Homebuyer Program Information & Guidelines

HomeTown: Portsmouth s First Time Homebuyer Program Information & Guidelines HomeTown: Portsmouth s First Time Homebuyer Program Information & Guidelines The HomeTown Program is a partnership of the City of Portsmouth and RBS Citizens, N.A. Overview The HomeTown Program provides

More information

City of Champaign Neighborhood Services Department Neighborhood Programs Division 102 N. Neil St. Champaign, Illinois 61820 (217) 403-7070

City of Champaign Neighborhood Services Department Neighborhood Programs Division 102 N. Neil St. Champaign, Illinois 61820 (217) 403-7070 City of Champaign Neighborhood Services Department Neighborhood Programs Division 102 N. Neil St. Champaign, Illinois 61820 (217) 403-7070 Acquisition-Rehabilitation Program SCOPE INCOME LIMIT The program

More information

WYOMING DEPARTMENT OF REVENUE CHAPTER 19 WYOMING PROPERTY TAX RELIEF PROGRAM

WYOMING DEPARTMENT OF REVENUE CHAPTER 19 WYOMING PROPERTY TAX RELIEF PROGRAM WYOMING DEPARTMENT OF REVENUE CHAPTER 19 WYOMING PROPERTY TAX RELIEF PROGRAM Section 1. Authority. These rules are promulgated under the authority of W.S. 16-3-103 and W.S. 39-11-102(b). Section 2. Purpose.

More information

Home Mortgage Interest Deduction

Home Mortgage Interest Deduction Department of the Treasury Internal Revenue Service Publication 936 Cat.. 10426G Home Mortgage Interest Deduction For use in preparing 1998 Returns Contents Introduction... 1 Part I: Home Mortgage Interest...

More information

The Effective Use of Reverse Mortgages in Retirement

The Effective Use of Reverse Mortgages in Retirement Page 1 of 8 Copyright 2009, Society of Financial Service Professionals All rights reserved. Journal of Financial Service Professionals July 2009 The Effective Use of Reverse Mortgages in Retirement by

More information

Information Packet. Duxbury Affordable Housing Purchase Assistance Program. Duxbury, MA. An Affordable Housing Opportunity

Information Packet. Duxbury Affordable Housing Purchase Assistance Program. Duxbury, MA. An Affordable Housing Opportunity Information Packet Duxbury Affordable Housing Purchase Assistance Program Duxbury, MA An Affordable Housing Opportunity Facilitated on behalf of the Duxbury Affordable Housing Trust This packet contains

More information

Housing Tax Credit Essentials

Housing Tax Credit Essentials Housing Tax Credit Essentials 1 Background Part of 1986 Tax Reform to encourage the construction and rehabilitation of low-income rental housing Contained in Section 42 of the tax code Emphasis on private

More information

City of Alameda First-Time Homebuyer Program

City of Alameda First-Time Homebuyer Program - City of Alameda First-Time Homebuyer Program Down Payment Assistance Loan for Low to Moderate Income Households The City of Alameda is now accepting applications for its down payment assistance loan.

More information