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First Time Home Purchase Part 4

Disabled Vets get assistance for renting or buying San Antonio real estate

Disabled veterans of the wars in Afghanistan and Iraq will be able to receive rental subsidies or assistance for a down payment on San Antonio, TX homes for sale through a new state program. 

Home-buyer assistance will be available in the form of a one-time deferred forgivable loan of up to $35,000 for a down payment and closing costs. Rental assistance will be available for up to three years and will be based on income.  The money also can be used for installing ramps and/or accessible bathrooms and kitchens.  To qualify for the Housing Trust Fund, disabled veterans must earn no more than 80 percent of the area's median family income.

Applications are not yet being taken and an annoucement will probably come out in August discussing how to apply.  More information will be provided at that time so don't forget to check back in.

Until then, Happy house hunting! Wink

Shawn

Your source for finding San Antonio, TX homes for sale or buying and selling other San Antonio real estate.

Published Sunday, June 10, 2007 9:57 AM by Shawn Mendoza

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