Home repair funds available in Montour

Share List From: Bloomsburg Press Enterprise Montour County residents may be able to tap into a $500,000 grant for no-cost housing repairs if they apply to get on the wait list now. Interested homeowners may call SEDA-COG’s Stacy Anderson at 800-326-9310. If the application is successful, the HOME Existing Owner-Occupied Housing Program grant may be awarded…

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Philly housing costs rising faster for poor and middle class than for the wealthy

Share List From: The Philadelphia Tribune Phyllis Chamberlain, executive director of the Housing Alliance of Pennsylvania, said residents may be pushed into substandard housing — in Philadelphia or elsewhere — with potentially lifelong impacts. “There’s evidence that children who experience homelessness and who have to move often have higher baseline symptoms of depression and anxiety….

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23Apr

Trump housing policy targets zero-down home loans

Share List From: Bloomberg News The Trump Administration is cracking down on national affordable housing programs because of concern over growing risk to the government’s almost $1.3 trillion portfolio of federally insured mortgages. The effort targets providers of money for borrowers who can’t afford the 3.5 percent down payment typically required on Federal Housing Administration…

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05Mar

Want to Really Impact a Community? Invest in a CDFI

Share List Generocity  Most low-income communities in the U.S. have access to an important resource that few people outside of these communities know: a CDFI, or community development financial institution. CDFIs are private community lenders dedicated to delivering social and economic impact by providing responsible, affordable financing to disinvested people and communities. Why are CDFIs…

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26Feb

A Five-Point Strategy for Reducing the Black Homeownership Gap

Share List Urban Institute  The sustained gap in homeownership between black and white Americans has been studied, quantified, and discussed thoroughly in recent years, particularly because the gap plays an enormous role in suppressing intergenerational wealth building and economic mobility. There is no debate about the gravity of the problem: Since 2001, the black homeownership rate has…

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