Dillard Housing and Home Improvement Fair
7th Annual Housing and Home Improvement Fair
Saturday, September 28, 2013
Dillard University – Professional Schools Building
10 a.m. -3 p.m.
Over 50 exhibitors to help purchase, finance, build, insure, weatherize your home!!!
Grants for First Time Homebuyers -Keys to Financing Your New Home – Forced Heirship vs. Wills and Last Testaments- Homebuyer’s Training Program -Refinance or Purchase New or Investment Property -Options to Avoid Foreclosure -Features and Benefits of A Reverse Mortgage- Flood Insurance Update – AARP – Home Fit Workshop -Save Energy and Money with Energy Smart -HUD 203(k) Rehab Mortgage Insurance-State of Louisiana Office of Community Development/Disaster Recovery
Road Home Special Workshop
Road Home staff will be available to discuss new policy changes and talk with homeowners about the grant compliance process. The new policy changes come from recently approved Action Plan Amendments (APAs):
-APA 58 applies to either homeowners who owe money back to the program or Option 1 or Option 2 Road Home recipients who closed on their grant but have not fulfilled the terms of their grant agreement due to circumstances beyond their control.
-APA 59 provides additional assistance to qualified Option 1 grantees in the form of a Loan Principal Repayment Grant, which will be applied to the principal of a construction or rehabilitation loan. The loan will be used to complete home repairs so the homeowner can reoccupy the home, fulfill his or her Road Home covenant and become compliant within the program.
In some cases, the homeowner may qualify for enough assistance to complete repairs without needing a loan.
-APA 60 allows for the reclassification of Road Home Elevation award amounts that have been used for home repair and reconstruction to be considered part of the applicant’s compensation award.