--- In AsburyPark@yahoogroups.com, "Jennifer" <[EMAIL PROTECTED]> wrote:
>
> - Under S8 homeownership, the buyer does need to meet 
> credit requirements.  The homeowner gets the voucher for the first 15
> years of the mortgage and the voucher can be up to 70% of the loan.  
> The Housing Authority remains involved and is notified if the homeowner
> misses a payment so that they can intervene.  It's an excellent 
> program, but unfortunately it is underutilized and faces a lot of 
> prejudices.
>

Amazing. Right?

It's a half ass system. Luckily some people really do benefit from it.



Here's the story:

http://www.hud.gov/offices/pih/programs/hcv/homeownership/


------------------------------------

Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/AsburyPark/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/AsburyPark/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:[EMAIL PROTECTED] 
    mailto:[EMAIL PROTECTED]

<*> To unsubscribe from this group, send an email to:
    [EMAIL PROTECTED]

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/

Reply via email to