The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) has launched the Hundred Homes Initiative, with the goal of offering $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976, into updated housing. The date was...
A Nebraska city with 865 residents is seeking to grow its population by offering $50,000 in down payment assistance to those willing to relocate. Business Insider reports that Pawnee City – which is located about 90 minutes south of Lincoln, Nebraska, and two hours...
Click n’ Close, an Addison, Texas-based lender formerly known as Mid America Mortgage, has expanded its line of down payment assistance (DPA) loan products to include a shared appreciation option designed to help buyers facing affordability challenges. According to...
KeyCorp’s (NYSE:KEY) KeyBank and the National Community Reinvestment Coalition (NCRC) has announced a new $25 million partnership aimed at increasing investment in underserved communities. Under the terms of the partnership, KeyBank will provide $17 million to fund...
Baltimore-headquartered First Home Mortgage Corp. has debuted its First Home ONE Program, which is designed to enable qualified buyers to purchase a home with 3% equity but only 1% down payment. Under this program, the buyer contributes 1% and First Home Mortgage...