--- 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/