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IN THE NEWS -To help more FIRST-TIME HOMEBUYERS become homeowners,
the Community Housing Trust of Monterey County will begin taking
applications for its first-time homebuyer assistance program starting
February 7, 2007.
“The Community
Housing Trust of Monterey County is organized and ready to start raising
additional funds for its innovative approach to help solve the critical
problem of housing affordability in Monterey County,” said Ken Steen,
President of Community Housing Trust of Monterey County.
The award of $100,000
from the California Association of REALTORS® Housing Affordability Fund
will give the Community Housing Trust of Monterey County the
ability to begin helping Monterey County families buy homes within the
next 60 to 90 days. The C.A.R. Housing Affordability Fund was established
in 2002 in response to REALTOR® concerns about housing affordability
throughout California. According to
2006 C.A.R President Vince Malta “HAF raises
funds through voluntary contributions from REALTORS® throughout
California to fund innovative housing affordability programs to help more
families afford homes.”
Representatives of the
Monterey County Association of REALTORS®
(MCAR) and the
California Association of REALTORS®
(C.A.R.) presented a check for $100,000 to the Community Housing Trust
of Monterey County (CHTMC) during a press conference in 2006.
The Community
Housing Trust of Monterey County is organized to develop private
sector financial resources to apply to home purchase down payment
assistance to Monterey County families.
Community Housing
Trust of Monterey County
will also make
pre-development loans to non-profit homebuilders to increase and
accelerate development of affordable housing in Monterey County.
Monterey County
Workforce Housing will also develop private sector resources for downpayment
assistance to Monterey County families and predevelopment loans to
increase or accelerate affordable housing projects. Monterey County
Workforce Housing will be the primary vehicle for providing
homebuying help to Monterey County workforce families.
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HOW CAN WE
DONATE TO
COMMUNITY HOUSING TRUST
OF MONTEREY COUNTY
CLICK HERE FOR MORE
INFORMATION
Donations to CHTMC are
tax-deductible
as charitable contributions.
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Looking to Buy a Home?
Maybe we can help!
Download the flyer English or Spanish.
About Us
- Learn about the Community
Housing Trust of Monterey County, Inc. Which is a California
public benefit non-profit corporation. It was incorporated and bylaws
adopted in late 2004. MORE INFO
Business & Legal
- View Community Housing Trust of
Monterey County, Inc., (CHTMC) legal information.
MORE INFO
Calendar & Notices
- Look here for announcements.
MORE INFO
Questions &
Answers - View questions and answers or ask your own question.
MORE INFO
Programs -
Learn all about who qualifies, loan terms, buyer qualification
underwriting standards, program administration, and the application
process. MORE INFO
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Community Housing Trust
of Monterey County Special Downpayment Assistance Program
DOWNLOAD THE APPLICATION
To apply for assistance from the Community
Housing Trust of Monterey County, Inc., you must be a
First-time Homebuyer Assistance Program Participating Lender
or Broker; you and the Borrower(s) must complete and
sign this form; the
additional documents listed in the Required Attachments section on
page 6 must be completed signed, and attached; and the package of
documents must be submitted by you (the Lender or Broker) to the
Community Housing Trust of Monterey County, Inc. no more than 120
days and no less than 21 days from close of escrow date.
Program Description
| Application |
Checklist
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