Entry Cost Assistance definition

Entry Cost Assistance means the program established by the Authority to provide down payment and closing costs assistance solely for eligible borrowers under the Program.
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Entry Cost Assistance means financial assistance of up to $4,500 per eligible borrower that may be used toward down payment or closing costs, or both, in the purchase of a qualified home. This term is synonymous with programs previously referred to as down payment and closing cost assistance.
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Examples of Entry Cost Assistance in a sentence

  • Mortgage Loans to mortgagors receiving Entry Cost Assistance will be acquired by the Servicer from the Mortgage Lenders at a price equal to 100% of the principal amount thereof plus (i) accrued interest, (ii) the applicable Servicing Release Premium, and (iii) the amount of cash assistance provided by the Mortgage Lender for such Loan, as directed by the Authority.

  • The Mortgage Lender shall (i) inform Borrowers of the availability of Entry Cost Assistance, (ii) assist in identifying Borrowers who might be eligible for such assistance, and (iii) cooperate with the Authority and the Servicer in making such assistance available to an eligible Borrower.

  • A complainant should receive an acknowledgement of receipt from the OHR and/or DSA within ten (10) business days of filing a complaint.

  • The Borrower will gradually pay back the total HAF amount (monthly assistance given plus amount of entry cost assistance, if any) by increasing their monthly payments by $5, $10, or $20 each loan year. Entry Cost Assistance.

  • AGENDA ITEM: 9.A.(1) MINNESOTA HOUSING BOARD MEETINGMay 24, 2012 ITEM: Homeownership Assistance Fund – Homeowner Entry Loan Program & Entry Cost Assistance CONTACT: Margaret Davies, 651-296-3631margaret.davies@state.mn.us REQUEST:Approval Discussion Information TYPE(S):Administrative Commitment(s) Modification/Change Policy Selection(s) Waiver(s)Other: ACTION:Motion Resolution No Action Required SUMMARY REQUEST:Staff requests waivers for two loans originated by MidCountry Bank and Wintrust Mortgage.

  • A backbone like this allows the establishment of various services such as Public Switched Telephone Network (PSTN), Asynchronous Transfer Mode (ATM), Internet Protocol (IP) and Public Data Networks (PDN) spread over the whole country.

  • Entry Cost Assistance (ECA) is available in increments of $1,000 up to the Program maximum to pay for eligible entry cost expenses, including down payment and customary buyer closing costs.

  • Single Family Entry Cost Assistance Policy Page 4 of 6 January 2013DRAFT DRAFT DRAFT Entry Cost Assistance OptionsQualified borrowers may use one of two options for entry cost assistance through IFA’s Plus programs.

  • The ECHO program supports targeted homeownership initiatives developed by community-based partnerships by providing Entry Cost Assistance (downpayment and closing costs) to homebuyers that receive a public or private first mortgage product not sold to the MHFA.

  • Down Payment Assistance In 2011, the Hubbard County HRA created their Entry Cost Assistance Program.

Related to Entry Cost Assistance

  • technical assistance means any technical support related to repairs, development, manufacture, assembly, testing, maintenance, or any other technical service, and may take forms such as instruction, advice, training, transmission of working knowledge or skills or consulting services, including verbal forms of assistance;

  • Cash assistance means cash benefits provided under the family independence program, the refugee assistance program, or state disability assistance.

  • Government assistance means a grant, loan, or tax increment financing that result in a financial benefit from an agency, commission, instrumentality, or other entity of the District government.

  • Resettlement Assistance means the measures to ensure that project affected persons who may require to be physically relocated are provided with assistance such as moving allowances, residential housing or rentals whichever is feasible and as required, for ease of resettlement during relocation.

  • Medical Assistance Program means the medical assistance provided pursuant to Chapter 319v of the Connecticut General Statutes (CGS) and authorized by Title XIX of the Social Security Act. The program is also referred to as Medicaid.

  • Medical assistance means medical assistance as established under title XIX of the social security act, 42 USC 1396 to 1396w-5.

  • Legal assistance means provision of legal advice, counseling and representation by an attorney or other person acting under the supervision of an attorney.

  • Dependent care assistance program or "DCAP" means a benefit plan whereby school employees may pay for certain employment related dependent care with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 129 or other sections of the Internal Revenue Code.

  • Personal assistance services means a range of services including, among other things, training in managing, supervising, and directing personal assistance services, provided by one or more persons, that are designed to assist an individual with a disability to perform daily living activities on or off the job that the individual would typically perform without assistance if the individual did not have a disability. The services are also designed to increase the individual's control in life and ability to perform everyday activities on or off the job; necessary to the achievement of an employment outcome; and provided only while the individual is receiving other vocational rehabilitation services.

  • Medication assistance means assistance rendered by a

  • Available government assistance means any governmental rental or housing payment benefits available to the individual or any household member.

  • Termination Assistance Services has the meaning set forth in Section 18.12.

  • Employee Assistance Program means an established program for employee assessment, counseling, and referral to an alcohol and drug rehabilitation program.

  • Directory Assistance Service includes, but is not limited to, making available to callers, upon request, information contained in the Directory Assistance Database. Directory Assistance Service includes, where available, the option to complete the call at the caller's direction. "Directory Listings" or "Listings" are any information identifying the listed names of subscribers of a Telecommunications Carrier or Provider, as applicable, and such subscribers' telephone numbers, addresses, or primary advertising classifications (as such classifications are assigned at the time of the establishment of such service), or any combination of such listed names, numbers, addresses or classifications: (1) that the Telecommunications Carrier and/or Provider provides or uses for the purpose of publishing the Listings in any directory format; or (2) that the Telecommunications Carrier and/or Provider provides or uses in Directory Assistance Service, Directory Assistance List Service, or for other lawful purposes.

  • General Assistance means a service in which the End User dialing - 0 asks the OS operator for assistance. The operator will respond in accordance with OS methods and practices that are in effect at the time the End User makes an OS call where available and technically feasible.

  • Termination Assistance means the activities to be performed by the Supplier pursuant to the Exit Plan, and any other assistance required by the Customer pursuant to the Termination Assistance Notice;

  • Directory assistance means an ancillary service of providing:

  • Adoption assistance means financial assistance provided to families adopting children with special needs. "Adoption assistance" may be state or federally funded. Federal adoption assistance is authorized by the Adoption Assistance and Child Welfare Act of 1980 (Pub. L. No. 96-272, 94 Stat. 500 (1980)). State adoption assistance is authorized by ORS 418.330 to 418.335.

  • Approved abuse education training program means a training program using a curriculum approved by the abuse education review panel of the department of public health or a training program offered by a hospital, a professional organization for physicians, or the department of human services, the department of education, an area education agency, a school district, the Iowa law enforcement academy, an Iowa college or university, or a similar state agency.

  • Election Assistance Commission means the commission established by Public

  • Directory Assistance Lists shall have the meaning set forth in Section 10.6.1.1.

  • Energy assistance means benefits to assist low-income households with their home heating and

  • Basic health plan services means that schedule of covered

  • Rental Assistance or “Subsidy” means Gross Rent minus the sum of the utility allowance and the Eligible Household’s payment of 30% of their monthly net income.

  • Directory Assistance Database shall have the meaning set forth in Section 10.5.2.2. "Directory Assistance Lists" shall have the meaning set forth in Section 10.6.1.1.

  • Cooperative education program means a written voluntary agreement between and among districts to provide certain educational programs for pupils in certain groups of districts. The written agreement shall be approved by all affected districts at least annually and shall specify the educational programs to be provided and the estimated number of pupils from each district who will participate in the educational programs.