You CAN do it, with the Mayor's Neighborhood Transformation Initiative!
Example: If you are a 4-person household, and total household income is less than $66,550, you meet the income requirements for a DIRECT loan from the USDA funding sources, at an interest rate of 3.25%
As of January 1, 2018, the interest rate for DIRECT single-family loans for LOW and VERY LOW income families is 3.25%
Pick up a pre-qualification form at the City offce at 17 New Market in town, or click HERE:
USDA
The USDA will contact you within five to seven days, and will send you a full application.
Once you have been qualified, you will be able to select from this list of eligible homes in the city:
The Mayor's NTI is designed to put GOOD people into GOOD homes, at a fair and affordable price.
Why Rent? You can OWN for less!
No Down Payment!
LOW monthly payments (even less than your rent!)
Build your Dream Home!
