| Study of Homebuyer Activity Through the Home Investment Partnerships Program Contributor(s): U. S. Dept of Housing and Urban Developm (Created by), Abt Associates Inc (Created by), Et Al (Created by) |
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ISBN: 1288919344 ISBN-13: 9781288919345 Publisher: Bibliogov OUR PRICE: $22.28 Product Type: Paperback Published: March 2013 |
| Additional Information |
| BISAC Categories: - Political Science |
| Physical Information: 0.46" H x 7.44" W x 9.69" (0.87 lbs) 216 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: One of the most flexible forms of federal funding for homeownership housing is the HOME Investment Partnerships program. HOME enables local governments to design homebuyer programs that best meet local needs and market conditions. Since 1990, when the HOME program was enacted, HOME has helped over one-quarter million families buy a home of their own. HOME funds have been used for downpayment, closing cost, acquisition, development, rehabilitation, interest subsidy, loan guarantee and lease/purchase assistance. While HUD has been able to track the broad uses of HOME funds for homeownership, only limited information has been available about local homeownership strategies. This study was designed to examine the choices local governments are making and how these choices are promoting long-term affordable homeownership. The final report is a comprehensive description of this research and its findings. |