Chapter 30: SINGLE FAMILY HOME IMPROVEMENT LOAN PROGRAMS. Summary: The Maine State Housing Authority may offer mortgage financing for the improvement of single family housing for persons of low or moderate income, including without limitation, rehabilitation, home replacement, emergency repairs, lead paint mitigation, accessibility improvements, and energy efficiency improvements.
2 Maine does not have a state low-income housing tax credit program to augment the federal program. There are no state tax credits to offset Maine State income tax liability. However capital gains or depreciation recapture associated with the sale of “multifamily affordable housing property” is exempted from maine income tax. 36 M.R.S.A.
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Home Loans. For most of us, purchasing a new home is the single largest investment we’ll ever make. Whether the purchase is your first home or your retirement dream, you can trust UCU to help you with each step. We have a variety of mortgage and home loan.
About HUD Program Offices Resources Contact Us Información en Español. HUD.GOV. Search. Search. Nav.. Home / State Information / Maine / Homeownership / Homeownership Assistance. Homeownership Assistance: Maine. U.S. Department of Agriculture Rural Housing – homebuyer programs in rural communities; Programs by City/Town.
NOTE: Please ensure your state is selected in the dropdown menu above to contact a Guaranteed Loan Coordinator in your state for more information. Current Borrowers: USDA Rural Development does not directly offer workout plans to distressed homeowners in the Single Family Housing Guaranteed Loan Program as USDA is not a financial lending.
Suitable credit, sufficient income, and a valid Certificate of Eligibility (COE) are required to be eligible for a VA-guaranteed home loan. The home must be for primary occupancy. State Housing Authority Mortgages – Maine, Massachusetts and New Hampshire The State Housing Authority mortgage programs provide low fixed rate mortgages and other assistance to help make homeownership affordable. Programs.
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