Could Lender away from America’s No-Down Mortgage Program Increase Homeownership into the Dallas’ Historically Black And you may Latina Neighborhoods?
Dallas could well be and come up with specific headway on the their purpose of getting mixed-money construction throughout the city thanks to an application regarding Lender away from The usa.
The applying, which offers zero down-payment home loans for earliest-day homebuyers in Black and you may Hispanic communities, is among the firstly the type.
Eg attempts was basically identified in the Dallas Town Council’s recently implemented Racial Collateral Package in addition to fluid Complete Construction Plan, which urban area frontrunners is actually hosting a general public working area on the October. twenty two.
A financial out-of The united states associate who handles media inquiries out-of mortgage loans informed CandysDirt the program can be acquired to persons of every race trying to purchase homes during the Black colored/African-Western otherwise Hispanic/Latino teams, because discussed by the U.S. Census Agency.
Through the system, Lender of The usa can make a down-payment for the client – a low-repayable grant from $10,100 in the Dallas, she told you.Lees verder »Could Lender away from America’s No-Down Mortgage Program Increase Homeownership into the Dallas’ Historically Black And you may Latina Neighborhoods?
