Neighborhood Stabilization Program : City of Akron. The Neighborhood Stabilization Program (NSP) uses federal grant funds to buy, fix up, and resell foreclosed and abandoned homes. The Housing and Community Services staff assists in the implementation of the NSP by conducting inspections of foreclosed housing units, preparing cost estimates for applicable properties and overseeing the contracts for lead remediation and rehabilitation work. THROUGH THIS PROGRAM, THE CITY WILL PROVIDE AT LEAST $1,0. FOR DOWN PAYMENT ASSISTANCE. ASSISTANCE WILL BE IN THE FORM OF A SECOND MORTGAGE forgivable after 1. Interested in buying one of Akron’s Great Homes? Do you qualify? Income Qualifications for Number of Family Members. Members: 1. 23. 4Max Income: $5. Subscribe via RSS CITY OF AKRON AND COUNTY OF SUMMIT RECORDS LIVE ON OHIO’S ONLINE CHECKBOOK CITY OF AKRON CONDUCTING WATER MAIN FLUSHING PROGRAM. This page was printed from the City of Akron Web site Visit us online. Development Corporation 550 S. Arlington St Akron N 330-724-0244 Adams ESOP 7000 Euclid Ave, Suite 203 Cleveland Y 216-361-0718 Allen ESOP 7000 Euclid Ave, Suite 203 Cleveland Y 216-361-0718 Ashland ESOP 7000 Euclid Ave, Suite 203. Fed program to offer foreclosed homes in Columbus to nonprofits first Properties owned by Fannie Mae, Freddie Mac to be made available to. HUD Housing Counseling Agencies located in OHIO This listing is current as of 10/11/2016. HUD Agency Name Phone Toll-Free Fax Number Email Website Agency ID Address Languages APPRISEN - AKRON. Members: 5. 67. 8Max Income: $8. Identify at least three homes in the Property Listings. Please remember that the City of Akron requires that your down payment be the greater of 2% of the appraised value or $1,0. Download and complete an application (1. Contact a HUD- approved homebuyer counseling agency such as Mustard Seed Development Center,www. East Akron Neighborhood Development Corporation, www. At the first meeting, the counseling agency will ask you to bring items such as the completed application, a W- 2 form, one form of identification, the last two years of tax returns and your current pay stub. You must complete eight hours of Homebuyer Training classes. Work with the counselor to get a loan approved and submit an offer package for the house you want. Offer will be submitted to the City of Akron for approval. If approved, the loan will close. Neighborhood Stabilization Program The Neighborhood Stabilization Program (NSP) uses federal grant funds to buy, fix up. Interested in buying one of Akron’s Great Homes? Income Qualifications for Number of Family Members Members: 1. HUD Approved Housing Counseling Agencies GO BACK This listing is current as of 10/07/2016. Click here to narrow your search. Printer Friendly Version. Agencies located in OHIO. Akron Ohio's premier shopping destination is located just minutes away. Anchored by Macy's and Dillard's. Target, Kohl's, Mustard Seed, Barnes & Noble, Best Buy, Home Depot, Acme and Giant Eagle are all within a 5 mile drive. Start Address Directions. Akron, Ohio Real Estate News & Notes for West Akron, Downtown Akron, Bath, Cuyahoga Falls & Columbus Saturday, October 08, 2016. Brunswick Educational Foundation, to support the BEAT Video Program, in which student “backpack journalists” create print. Mustard Seed works with lenders to help clients establish and maintain positive credit and secure home loans within three years. To Do When you arrive in Greater Akron, get ready for a variety of exciting and engaging activities. The following themed experiences will introduce you to all there is to see and do. We encourage you to use these suggestions and our Visitors Guide to create a. You will sign documents at the title company. The City may contact you for a post- purchase survey. WELCOME HOME!! For more information, telephone 3. Fed program to offer foreclosed homes in Columbus to nonprofits first. Nonprofit housing groups in Columbus and five other Ohio cities will have the first shot at. Tuesday. Through the Neighborhood Stabilization Initiative, most foreclosed homes owned by Fannie Mae and. Freddie Mac will be available at a discount to community and housing groups for 1. Fannie Mae’s Home. Path and Freddie Mac’s Home. Steps websites. The goal is to give nonprofits a chance to buy the homes before investors, said Rob Grossinger. National Community Stabilization Trust, which administers the program.“My fear is the low- value properties will be purchased by speculators,” Grossinger said. Now, 1. 8. other cities will be included, six of them in Ohio: Columbus, Akron, Cincinnati, Cleveland, Dayton. Toledo. So far, three groups have been approved to buy the homes in central Ohio: Homes on the Hill and. Homeport, both in Columbus; and Mustard Seed Community Development Corp., based in Akron. Grossinger said he expects other organizations, along with city and county land banks, to also. All Fannie- and Freddie- owned homes valued at less than $1. Currently, 7. 0 Franklin and Delaware county homes are listed for sale on Fannie Mae’s Home. Path. site, ranging from $1. Hamlet Street near the Ohio State. University campus to $3. Westerville. An additional 2. Freddie Mac’s Home. Steps site, ranging from a rundown. Northeast Side for $1. Powell for $3. 49,9. Steve Torcell, executive director of Homes on the Hill, said he thinks the program can help. But he doesn’t expect the change to launch a wave of purchases by nonprofits.“There will certainly be limits on what nonprofits can acquire based on their own funding,” he.
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