HOA Grant Program in Orange Couonty CA - PowerPoint PPT Presentation

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HOA Grant Program in Orange Couonty CA

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The California Association of Realtor’s Housing Affordability Fund continues to assist first time home buyers in southern California. For more information visit at: – PowerPoint PPT presentation

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Title: HOA Grant Program in Orange Couonty CA


1
HOA GRANT PROGRAMS
http//www.gerrygoodman.com
2
INTRODUCING THE HOMEOWNERS
ASSOCIATION GRANT PROGRAM
  • CARs Homeowners Association Grant program
  • The California Association of Realtors Housing
    Affordability Fund continues to assist first
    time home buyers in southern California.
    Eligible first time home owners can now take
    advantage of CARs Homeowners
    Association Grant.
  • CARs Homeowners Association Grant program
    offers first time home buyers in
    southern California up to 6 months relief from
    HOA payments. The grant is not to exceed 2,500
    per recipient. The Housing
    Affordability Fund has allocated 1 Million
    dollars to the HOA grant program. The program
    began in December 2016 and will run until Funds
    are exhausted. Funds are distributed on a first
    come first serve basis.

3
What are the
Qualification Requirements?
  • Frequently asked questions on the California
    Association of Realtors website reveal the
    requirements of the program. They are as follows,
  • Home buyers must use a California REALTOR in the
    transaction.
  • Purchase a primary single family residence in
    California with the intent to occupy the property
    as your primary residence
  • Be a first-time homebuyer
  • Buy a home with applicable HOA dues/fees
  • The purchase price of the Single Family Dwelling
    must not exceed 150 of the mortgage limit
    set by the FHA for one-family units in the county
    in which the Single Family Dwelling is located
  • You must have used the financing to purchase the
    Single Family Dwelling and must not have paid
    all-cash for the purchase
  • You must apply within 30 days after the close of
    escrow

4
Why Should You Wait Any Longer?
  • Funds for the program are limited, so hurry up!
    Your first
  • home might be just around the corner. Fill out
    your part of
  • the forms by following the link below and well
    immediately
  • start searching for your dream home.
  • https//entp.hud.gov/idapp/html/hicostlook.cfm

5
Get in touch with Gerry Goodman, for HOA Programs
in Orange County CA to ensure you find a home
that is perfect for you.
For More Information
http//www.gerrygoodman.com email
gerry_at_gerrygoodman.com Mob 1 714-588-3338
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