HOMELINE -Gulfport $ 50,000 Grant for new home owners

ANOTHER WAY TO GET RESIDENCE TO CHOOSE GULFPORT, MS!

STARTS 10/01/2008 SO WE NEED TO START GETTING IT OUT THERE!

Gulfport Announces HOMELINE - A Home Ownership Assistance Program

Posted: Sep 15, 2008 10:31 AM CDT

Updated: Sep 15, 2008 10:31 AM CDT

GULFPORT, MS (WLOX) - A new program in Gulfport in working to make home ownership a reality for more residents. The HOMELINE program will provide $50,000 in down payment assistance for the purchase of affordable homes in the City of Gulfport.

HOMELINE funds may be used to purchase an existing home that's in good condition and was constructed in 1980 or later, as well as newly constructed affordable housing located within the city limits of Gulfport.

To qualify for HOMELINE assistance, applicants must meet the household income qualifications, have the ability to secure a first mortgage, and complete a Homebuyer Education Class.

The City of Gulfport was awarded $9 million in Katrina CDBG Workforce Housing Funds to pay for the project.

"The CDBG funds will provide long-awaited and greatly-deserved workforce housing opportunities for low and moderate income citizens. I encourage residents to take advantage of this program and fill out an application. The process is simple, and we are here to help," said Mayor Brent Warr.

Beginning October 1st, HOMELINE applications will be available for pick-up at the City of Gulfport Community Development Department, 2309 15th Street, Gulfport. For more information, call (228) 868-5736 or (228) 868-5862, or email communitydevelopment@gulfport-ms.gov.

Sunny Mortgage Group can provide details on the income requirements and ratio requirements at 228-385-0551 or email us and we will respond quickly! email: april@sunnymtg.net