Funded by CalHOME through the California Department of Housing and Community Development, the city of Garden Grove, California is offering First Time Homebuyer and Home Improvement programs for manufactured housing (MH) through Oct., 2017, or until the funds have been expended.
The First Time Homebuyer program is aimed at low-income applicants who are purchasing their first home. The applicant cannot have owned a home in the last three years, according to what oc-breeze tells MHProNews, must purchase an MH in the city, and must occupy the home for the life of the loan.
They also have to attend a Department of Housing and Urban Development (HUD) approved Homebuyer Education Program and qualify under the income requirements. The purchase price of the home cannot exceed $65,500. Garden Grove is offering free HUD approved, homebuyer workshops for anyone who wants to learn about the program.
Meanwhile, the Home Improvement program assists low-income MH owners in rehabbing their homes, provided the owner occupies the home throughout the lifetime of the loan and meets the income requirements. Additionally, all work must meet Garden Grove Municipal Code and Uniform Building Code standards. Minimally, health and safety standards must be eliminated. ##
(Photo credit:Matthew J. Silver–new manufactured home on the highway)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.