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WEBINAR- Managing a Successful Purchase Assistance Program- Part 1
September 19 - 2:00 pm - 3:30 pm
A majority of SHIP funds must be expended for homeownership activities, and homebuyer assistance is one of the most common strategies employed by local governments to meet the homeownership set aside requirements. This training is for SHIP local government housing staff and their community partners interested in developing, implementing, and managing a successful purchase assistance strategy. This first session of a two-part webinar will detail the purchase assistance process, including the application process, pre-purchase requirements including homebuyer education requirements, and inspections. The presenters will discuss key considerations in the purchase assistance strategy description, offer a review of the mortgage application process, and help you consider using a sponsor or subrecipient to administer your program.