Posts Tagged ‘Housing And Urban Development’

(Doctoral Dissertation Research Grant Program 14.516)
The program objective is to encourage doctoral candidates to engage in policy related housing and urban development research and to assist them in its timely completion. Money can used to support Ph.D candidates. Students can request an application package from the address listed below or by calling HUD USER at 800-245-2691. For additional information, contact Armand Carriere, Office of University Partnerships, U.S. Department of Housing and Urban Development, 451 7th St., SW, Room 8106, Washington, DC 20410; 202-708-3061; Read the rest of this entry »

(Community Development Work-Study Program 14.512)
The Community Development Work-Study Program makes grants to institutions of higher education to provide assistance to economically disadvantaged and minority students. Students take part in community development work-study programs while they are enrolled full-time in graduate or undergraduate programs with that major. Students must apply to those institutions that received the money. Contact the U.S. Department of Housing and Urban Development, Community Planning and Development, Office of University Partnerships, 451 7th St., SW, Room 8106, Washington, DC 20410; 202-708-3061, 800-877-8339; Read the rest of this entry »

Under the Community Development Work-Study Program, HUD will make grants to institutions of higher education for the purpose of providing assistance to those enrolled in full-time graduate programs in community and economic development, community planning, community management, or other related fields of study. Applicants must be economically disadvantaged and minority students who participate in community development work-study programs. Contact the U.S. Department of Housing and Urban Development, 451 7th Street S.W., Washington, DC 20410; 202-708-1112; Read the rest of this entry »

Called The Adjustable Rate Mortgages Program and referred to as Program #14.175 in the Catalog of Federal Domestic Assistance, this program provides mortgage insurance for an adjustable rate mortgage which offers lenders more assurance of long term profitability than a fixed rate mortgage, while offering consumer protection features. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) – program 14.117. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one- to four-family housing as well as to refinance indebtedness on existing housing. The maximum insurable mortgage loan for an occupant mortgagor is the same as prescribed for Section 203(b) – program 14.117. All persons intending to occupy the property are eligible to apply. All persons intending to occupy the property are eligible to apply. Contact your local office of the U.S. Department of Housing and Urban Development

Visit: www5.hud.gov:63001/po/i/netlocator/

Called ‘The Mortgage Insurance -Homes Program and referred to as Program #14.117 in the Catalog of Federal Domestic Assistance, this program helps people undertake home ownership. HUD insures lenders against loss on mortgage loans. These loans may be used to finance the purchase of proposed, under construction, or existing one-to four-family housing, as well as to refinance indebtedness on existing housing. Maximum insurable loans are as follows: one-family $144.336; two family $184,752; three-family $223,296; and four-family $277,512; except that the Secretary may increase the preceding maximum dollar amounts on an area-by-area basis to the extent the Secretary deems necessary, after taking into consideration the extent to which moderate and middle income persons have limited housing opportunities in the area due to high prevailing housing sales prices, but in no case may such limits, as so increased, exceed the lesser of (A) 87 percent of the Federal National Mortgage Association’s Conforming Loan Limit, or (B) in the case of a one-family residence, 95 percent of the median one-family house price in the area, as determined by the Secretary; in the case of a two-family residence, 107 percent of such median price; in the case of a three-family residence, 130 percent of such median price; or in the case of a four-family residence, 150 percent of such median price. Designated areas of limited housing opportunities and maximum mortgage amounts may be obtained from local HUD Offices. Contact your local office of the U.S. Department of Housing and Urban Development.

Visit: www5.hud.gov:63001/po/i/netlocator/

Called the Mortgage Insurance – Home For Disaster Victims Program and referred to as Program #14.119 in the Catalog of Federal Domestic Assistance, this program helps victims of a major disaster undertake homeownership on a sound basis. Disaster victims are not required to meet the 3 percent minimum investment requirements. In order to qualify for assistance, the formerly occupied home must have been in an area designated by the President as a disaster area, and it must have been destroyed or damaged to such an extent that reconstruction or replacement is necessary. Contact your local office of the U.S. Department of Housing and Urban Development.

Visit: www5.hud.gov:63001/po/i/netlocator/

Called the Manufactured Home Loan Insurance – Financing Purchase of Manufactured Homes as Principal Residences of Borrowers Program and referred to as Program #14.110 in the Catalog of Federal Domestic Assistance, this program insures lenders against loss on loans. Insured loans may be used to purchase manufactured home units by buyers intending to use them as their principal places of residence. The maximum amount of the loan is $48,600, whether single or multiple modules. The borrower must give assurance that the unit will be placed on a site which complies with local zoning and land development requirements. Contact your local office of the U.S. Department of Housing and Urban Development.

Visit: www5.hud.gov:63001/po/i/netlocator/

Called the Mortgage Insurance – Housing In Older, Declining Areas and referred to as Program #14.123 in the Catalog of Federal Domestic Assistance, this program helps in the purchase or rehabilitation of housing in older, declining urban areas. Contact your local office of the U.S. Department of Housing and Urban Development.

Visit: www5.hud.gov:63001/po/i/netlocator/

Called the Section 245 Graduated Payment Mortgage Program and referred to as Program #14.159 in the Catalog of Federal Domestic Assistance, this program helps early home ownership for households that expect their incomes to rise. The program allows homeowners to make smaller monthly payments initially and to increase their size gradually over time. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.

Visit: www5.hud.gov:63001/po/i/netlocator/

Called the Mortgage Insurance – Combination and Manufactured Home Lot Loans Program and referred to as Program #14.162 in the Catalog of Federal Domestic Assistance, this program makes possible reasonable financing for the purchase of a manufactured home and a lot on which to place the home. Contact your local office of the U.S. Department of Housing and Urban Development. Look on the left-hand side of the page to search for your local field office.

Visit: www5.hud.gov:63001/po/i/netlocator/