city of los angeles: Home Buyer Programs Available Including Down Payment Assistance, Federal Tax Credit, and Low Down Payment First Mortgages for First Time Buyers
- 07/16/09 08:38 AM
American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles. City of Los Angeles Housing Department’s Mortgage Credit Certificate Program (MCC) – Allows an eligible homebuyer to claim an annual federal income tax credit and is applied to a portion of the total mortgage interest paid every year for the duration of the first mortgage loan. Neighborhood Stabilization Program – Up to $75,000 for low income and $50,000 for moderate income when purchasing foreclosure or foreclosed properties located within the NSP Priority Area. 2009 Federal Tax Credit (IRS … (0 comments)
city of los angeles: City of LA receives Stimulus money to be given out to homebuyers soon
- 04/26/09 09:04 AM
Attention First Time Homebuyers--New Program Available Great news as there is a new down-payment assistance and rehabilitation funds available from the federal government (HUD) via the City of Los Angeles Complete information is available at the City of LA Housing Dept website (LAHD) or on this link at http://lahd.lacity.org/nsp/PriorityFile.aspx?Type=93 This program is for homes in foreclosure within certain areas. You can check if the property is within the map by searching on the LAHD website here http://lahd.lacity.org/nsp/. Here is a link to the 2 page brochure summary http://lahd.lacity.org/nsp/PriorityFile.aspx?Type=94. This program is a great program for homes which need repairs since they … (1 comments)
American Dream Down Payment Initiative (ADDI) - 6% Down Payment Assistance for Low Income First Time Homebuyers within the City of Los Angeles. City of Los Angeles Housing Department’s Mortgage Credit Certificate Program (MCC) – Allows an eligible homebuyer to claim an annual federal income tax credit and is applied to a portion of the total mortgage interest paid every year for the duration of the first mortgage loan. Neighborhood Stabilization Program – Up to $75,000 for low income and $50,000 for moderate income when purchasing foreclosure or foreclosed properties located within the NSP Priority Area. 2009 Federal Tax Credit (IRS … (0 comments)
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