· Downpayment assistance in selected areas with initial emphasis on Bethel; later Amelia and Eastern Union Township
· NSP will appraise the property selected and it must have been foreclosed and vacant for three (3) months, and Purchaser can purchase property up to 15% below appraised value
· Property closes in buyer’s name and NSP will complete the renovation prior to occupancy
· Clermont County places a second mortgage on the property which is forgivable after 10-15 years depending on the size of their mortgage.
· Income guidelines: Eligible for families having income less than 120% of the area median income. (family of four can have an income up to $83,400
· Eight hours of counseling by HUD approved counselor
· CONTACT JIM TAYLOR AT NSP AT 732-7904 or jtaylor@co.clermont.oh.us