2011
Rural
Homeownership
Fund
Program
Grants
totaling
$1.0
million
have
been
awarded
to 67
member
financial
institutions
to help
individuals
and
families
achieve
the
dream of
owning
their
own
home.
These
grants
support
efforts
to
provide
permanent
housing
to
families
and
individuals
in rural
communities
by
assisting
them
with
down
payment,
closing
cost,
counseling
or home
rehabilitation.
For
a
summary
of
awards
by
state,
click
here.
For
a
complete
listing
of recipients,
click
here.
Please
see our
AHP
Homeownership
Forms
section
for
these
additional
resources,
documents
and
forms.
This
includes
instructions
for
income
qualification,
sample
retention
documents
and
forms
for
subordination
or
recapture
of
subsidy.
-
*Income
Determination
Guidelines
for
Owner
Occupied
Projects
and
Calculation
of
Income
Worksheet
Instructions
for
calculation
and
certification
of
borrower
household
income
-
Retention
Agreement
(Deed
Restriction)
-
Subordination
Agreement
for
subordination
of
Retention
Agreement
-
Forms
for
recapture
of
subsidy
2010
Rural
Homeownership
Fund
Program
Grants
totaling
$1.0
million
have
been
awarded
to 40
member
financial
institutions
to help
individuals
and
families
achieve
the
dream of
owning
their
own
home.
For a
summary
of
awards
by
state,
click
here.
For
a
complete
listing
of
recipients,
click
here.
Please
see
the
AHP
Homeownership
Forms
page
for
additional
resources,
documents
and
forms
for
this
program.
This
includes
Calculation
of
Income
Worksheet
and
Instructions,
sample
retention
documents
and
forms
for
recapture
of
subsidy.
Income
Guidelines and Purchase Price
Limits
