NOW:53150:USA01489
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01489
27°
H 27° L 12°
Cloudy | 12MPH

2014 HOME Consortium's Loan Programs

Dec. 20, 2013

The Wisconsin Partnership for Housing Development, HOME Consortium program offers loans to qualifying residents in Waukesha, Washington, Jefferson and Ozaukee counties. The Consortium offers three major programs, outlined below.

Forgivable Down Payment Assistance (DPA):
This program provides eligible home buyers with a forgivable loan of up to $5,000 to be used for down payment and/or closing costs. The program is funded by HUD. Eligible homebuyers must reserve funds through a participating lender of their choice.

Rehabilitation Deferred Loan Program:
The HOME Consortium operates this program to provide low to moderate income households with access to loaned funds for modest home repairs. The loan is provided as a no-interest, no monthly payment deferred loan of up to a maximum of $15,000 for households with incomes at or below 80% of the area median.

Purchase/Rehab Program:
The HOME Consortium operates a program to provide low and moderate income households with access to loaned funds to buy a home and make needed modest home repairs. The loan is provided as a no-interest, no monthly payment deferred loan of up to a maximum of $17,000 and used in conjunction with the $5,000 down payment assistance.

All funds are on a first-come first-served basis. Please call Debbie Narus at 262-896-8170 or email at debbienarus@wphd.org. For more information visit our website at www.homeconsortium.com.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Fixing New Berlin Eisenhower swimming pool among school recommendations 11/24

» School heating, cooling projects win most support in New Berlin survey 11/17

» New Berlin may get hospital emergency department 11/17

» Signature gathering to start soon for Muskego Common Council 11/17

» New Berlin School District sells former Glen Park Elementary School 11/17

» New Berlin boys volleyball falls in state-title match 11/15

» New Berlin United catch fire in fourth, reach state semis 11/14

» Paul Farrow announces for Waukesha County executive 11/14

» Vrakas to retire as Waukesha County exec, sparking likely GOP tussle Updated:  11/13

» Waukesha County keeps taxes flat in 2015 budget 11/12

» Muskego parks, recreation director resigns after reshuffle 11/12

» Muskego may cut days, hours for fireworks displays at homes 11/12

» Muskego Common Council approves rezoning for lake home/condo plan 11/12

» New Berlin to get citywide residential trash pickups 11/10

» Suburban roundup: Week three of the WIAA football postseason 11/10

» Fitzgerald: Senate, Assembly Republicans differ on some issues Updated:  11/6

» Election roundup: How the Milwaukee suburbs and Lake Country voted Updated:  11/5

» Second time around, Muskego panel recommends controversial lake home/condo rezoning 11/5

» Rep. David Craig defeats Jim Brownlow for third time in four years 11/4

» Suburban roundup: Week two of the WIAA football postseason Updated:  11/3

» New Berlin school levy not as high as expected 11/3

» Muskego girls volleyball team wins key points, claims sectional crown 11/2

» Another Level 2 surprise for Mukwonago 10/31

» Preps football photos of the week: Level 2 10/31

» Green Bay Packaging buys 2 cardboard, packaging firms 10/31

View All Posts Got a tip? Welcome rss

Advertisement

Deal Watch - Milwaukee

Milwaukee's Best Discounts & Deals

Advertisement

Local Business Directory

CONNECT