Department of Housing and Urban Development's Dollar Homes Program
by:
Iola BonggayThe Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the Executive branch of the US federal government.
The Department of Housing and Urban Development's work is geared towards the creation of strong and sustainable communities as well as decent, quality homes that are available for all.
In addition to all its existing housing programs, HUD has recently established the Dollar Homes Program.
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.
The primary goal of the Dollar Homes Program is to provide assistance and foster housing opportunities for low-to-moderate income families, thereby addressing certain community needs.
(continued...)
Department of Housing and Urban Development's Dollar Homes Program
Page 2
About The Author
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.
She also maintains Websites providing resources on environmental grants and grants for youth programs.
|
Additional Government Grants Resources
Community Development Credit UnionsA Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.
Health Resources and Services Administration's Licensure Portability Grant ProgramThe Health Resources and Services Administration has constituted the Licensure Portability Grant Program (LPGP) wherein they aim to improve the experience of State licensing boards that have manifested a credible record in implementing cross-border activities in order to help overcome licensure barriers in the provision of telemedicine services across various States.
How to Get Free Money to Save for Your Child's College EducationDid you know that a college educated person will earn 2.5 times more over a lifetime than someone without a post secondary education? College educated people are more likely to keep their jobs when ...
Family Planning Services GrantsOPHS has recently established a funding opportunity entitled Family Planning Services Grants, a program wherein the OPHS, along with the HHS, will award grants to eligible individuals who seek to operate voluntary family planning services projects that would provide family planning services to everyone who desires to avail of such services, including low-income families in under-served areas.
Small Business Administration's Recovery Capital LoansThe Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Downpayment Assistance Program for the First Time Home Buyers in North Carolina The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."
Cancer Education Grants ProgramThe Cancer Education Grants Program has been existent since the year 1994 and has long been providing support to innovative cancer education grants program that aim to translate the knowledge obtain from the research studies into actual public health applications.