This is what my friend just sent via email!!!!!
"yEAH, i WAS IN the office and heard that. I made it by two days. NO new applications as of Jan1." -----Original Message----- From: Gail Defendorf <[EMAIL PROTECTED]> Sent: Feb 4, 2004 12:34 PM To: [EMAIL PROTECTED] Subject: Re: [UC] Penn's Enhanced Mortgage Program This is what the Office of Community Housing has on it's website about the Enhanced Mtg. Program: ************* III. ENHANCED PROGRAM As a part of the Universitys revitalization effort to increase home ownership in University City, eligible borrowers may apply for a lump sum of $15,000, payable at closing. The enhanced program payments are contingent upon the home being the participants primary residence. The lump sum payment option offers a maximum of $15,000 for eligible housing-related expenses incurred in acquiring qualifying properties. Funds may be used for closing costs, downpayment, interior home improvements, and exterior home improvements. Where home improvements are contemplated, approval of the lump sum payment amount requested is subject to review and approval of a scope of work to be completed. ************ I had heard that the $$ for this dried up a while ago. gail Ben Rhoades wrote: >Hi All, > >I went to the community housing 101 seminar held today by the office of >community housing. I was given some disturbing news. Currently, there is >no Enhanced Mortgage program. It was taken off the table for review of >the program and there is no date for it to be reinstated although, they're >hoping it will be back before J-Ro leaves. > >Just an FYI for anyone out there looking! > >-Ben > > >---- >You are receiving this because you are subscribed to the >list named "UnivCity." To unsubscribe or for archive information, see ><http://www.purple.com/list.html>. > > > ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>. ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.
