Community-Based Organizations Eligibility

Section 385.301  Community-Based Organizations Eligibility a)         The Community-Based Organizations are generally eligible to submit an Application for funding if they provide: 1) pre-purchase and post-purchase home ownership counseling; 2)         education about the foreclosure process and the options of a homeowner in a foreclosure proceeding; and 3)         foreclosure prevention programs in conjunction with the Authority or a State or federally chartered financial institution. b)         The Community-Based Organizations must agree to the terms and conditions of the Program in order to be eligible.