MEMBER REHABILITATION DISCLOSURE & AGREEMENTMember Rehabilitation Disclosure & Agreement • January 23rd, 2018
NACA is a housing services and community advocacy organization whose purpose/mission is to assist low and moderate-income families to obtain access to credit, and to assist low-to moderate income communities with stabilization initiatives. Part of NACA’s housing services includes arranging for financing for home improvements and repairs. NACA’s Home and Neighborhood Development (HAND) Program provides its Members with the opportunity to purchase a home that needs improvements or to finance home improvements on a home they own. The program restricts the amount of work that can be performed, which is largely based on the monthly mortgage payments the Member can afford and the appraised value of the property. HAND as a department of NACA is interchangeable with NACA and thus any reference to HAND also relates in its entirety to NACA. For the purposes of this document NACA and HAND are considered the same entity with the same rights, obligations and liability limitations.
