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How do I build, acquire or rehabilitate "for sale" housing?

HOME Funds can be used to finance the purchase and rehabilitation of single family homes, the construction of condominiums and townhouse style units for resale. Units financed with HOME funds must be targeted to low income households and can be combined with conventional financing for mixed income housing. To increase affordability of the housing, a lease purchase option can be used with the HOME Program and Housing Tax Credits programs.

Properties considering rehabilitaion must also consider the regulations regarding relocation and displacement of tenants..

>HOME Program

>Housing Tax Credit

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