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FHLB Cincinnati Debuts Hundred Homes Initiative

FHLB Cincinnati Debuts Hundred Homes Initiative

by Phil Hall | Apr 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents

Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Adds Shared Appreciation Option to Down Payment Assistance Line

Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line

by Phil Hall | Apr 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
KeyBank in New Partnership to Increase Investment in Underserved Communities

KeyBank in New Partnership to Increase Investment in Underserved Communities

by Phil Hall | Apr 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

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...
First Home Mortgage Corp. Rolls Out Down Payment Assistance Program

First Home Mortgage Corp. Rolls Out Down Payment Assistance Program

by Phil Hall | Feb 7, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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