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Friday, May 14, 2010

Mortgage Flexibilities and Support

The City has designated Pleasant Hill Village for the Mortgage Flexibility Support Program.
There will be eighteen units available for purchase by the general public starting in June.
Qualified households are eligible for a 5% downpayment grant from the City plus flexibilities such as a longer amortization period and waiver of fees to purchase units in Pleasant Hill Village.

The mortgage flexibility program has been very successful in Camponi Place where 60 families have been able to purchase new units since September 2009. Details about how to apply will be available directly from the builders soon.

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