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USDA Mutual Self Help Loan Program - Build a home with sweat equity in Mesquite, Nv !
Color Country Community Housing Inc. ( CCCHI ) is building new homes in neighborhoods in the Southwest through the USDA Rural Development Mutual Self Help Loan Housing Program.
This program is similar to Habitat for Humanity.  Low income residents may qualify to build "sweat equity" in their own new home by participating in construction.
Six to eight families will work together, with the help of an experienced construction manager to provide about 65 % of the labor.
This labor can reduce the price of the home as much as 25 % and also acts as the down payment, for a possible no down loan.
Qualified families may also receive additional assistance, such as a mortgage with reduced interest rate to keep monthly payments more affordable.
The first project in Nevada is Sunrise Meadows, a 61-Lot subdivision in Mesquite, right behind Ace Hardware.  These new homes range in size from approximately 1350 square feet to 1500 square feet.
On Thurs March 6th, they will hold a "Home Buyer's College in the Garage" from 11:00 am to 6:00 pm.  Stop by to learn all about this program.
 
To be eligible for this program, you must have good credit and available income to repay ... more

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