After a highly successful program that produced 740 new home owners and over $80 Million in mortgages originated ended last year, the El Paso Housing Finance Corporation (EPHFC) is excited to announce a new Program that will help even more El Paso families purchase their first home. The EPHFC will use $250,000 of its reserves to create a revolving loan fund that will help bridge the gap to home ownership for income eligible families by providing Down payment Assistance (DPA) that in some cases can also be combined with a valuable Mortgage Credit Certificate good for the life of the loan. more
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