Massachusetts News Exchange Archive

HOYO Applications Available

Posted by: Steven S. Higgins
Date Mailed: Wednesday, July 8th 1998 10:15 AM

Applications are available for HOYO: A Homeownership Program for People 
With Disabilities.

The Massachusetts Home of your own program is an inovative homeownership 
program for people with disabilities. Applications for this program will 
be available and accepted now through September 1 1998 or until the 
financial assistance fund is exhausted.

This year the program will be able to assist between 15 and 18 households 
with a variety of disabilities throughout Massachusetts through 
homeownership education, down payment and closing assistance, and special 
mortgage financing. The program includes both pre-purchace and 
post-purchace homeownership education through a network of community based
non-profit agencies that have assisted thousands of low income families 
and individuals along the path of homeownership. Fifteen eligible 
participants will be able to access $7,500 each in down payment assistance
funds and, if they are intrested, a special financing product designed 
especially to meet the unique credit needs of people with disabilities. 
Access to financial assistance will be awarded to 15 homebbuyers on a 
rolling by region once they identify a specific home to purchase.

If you would like to recieve more information and an application for this 
program please contact CHAPA at 800-466-3111
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