What I am referring to is the First Time Buyer Program which the city of Long Beach, CA had available for buyers titled "Second Mortgage Assistance Program."
How this program worked was that the city of Long Beach would provide a deferred payment second mortgage loan up to $275,000 to qualified buyers purchasing a single family home, townhome or condo within the city's target redevelopment areas.
Now I was informed by a representative of The Long Beach Housing Development Company that they were expecting more funds later this year around the month of October. Plus that they were seeking other sources for additional funds to obtain for this program.
To obtain additional details about this program and/or to discover when the new funds arrive just click here The Long Beach Housing Development Company.
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