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USDA Approves Funding of 2 Year Self-Help Purchase Repair Grant
inte8821 • Dec 01, 2014
IHA has been awarded a second grant to continue the Self Help Purchase Repair program and to be able to offer low and very low income buyers the opportunity to purchase homes.
IHA pairs buyers with existing homes on the market that need repair and attention. We help the participant prequalify for a USDA Rural Development Loan with requires no down payment and offers below market interest rates for a 33 to 38 year mortgage. The participant also develops a repair budget and with technical support from staff completes at least 125 hours of sweat equity in repair work on the home. Homes are available in Carroll, Frederick, Washington and Allegany Counties in Maryland.
IHA is committed to building strong communities. One way we do this is by offering supportive services to tenants in our communities. Below are two success stories directly from our supportive services staff.
Learn More About IHA's Participation In This Year's Unity Campaign!
IHA is proud to announce three funding awards received this quarter from community partners.
Programs greatly depend on donations from the faith community, businesses, foundations, and individuals.
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