Not exact matches
In 2016, Old National awarded $ 1.5 million in
grants that supported affordable housing projects and $ 290,000 in down
payment assistance grants for first - time homebuyers
through the Federal Home Loan Bank of Indianapolis
Grants for married couples include food, health and financial
assistance through cash
payments.
«Some down
payment assistance programs are offered as gifts or
grants that do not have to be repaid, while others finance gifts or
grants through a higher mortgage note rate that is passed on to the borrower,» FHFA spokeswoman Stefanie Johnson says.