HOME Downpayment Assistance Underwriting Template Webinar
May 25, 2017 | 1:00 PM - 2:30 PM EDT
The United States Housing and Urban Development's (HUD) Office of Affordable Housing Programs (OAHP) is pleased to announce the development of two versions of the HOME (HOME Investment Partnerships Program) Homebuyer Underwriting Template. The Homebuyer Development Underwriting template is a tool to assist Participating Jurisdictions (PJs) to underwrite HOME-funded development of homebuyer units along with underwriting the affordability for buyers of HOME units within the project. A second template, the HOME Downpayment Assistance Underwriting template is offered to assist PJs who are operating Downpayment Assistance programs or other direct homebuyer assistance programs that do not include development.
This tool is designed to complete the calculations to determine the level of HOME subsidy for each HOME buyer to ensure the unit will be affordable based on the PJ's Underwriting standards. Each webinar will include a review of the basic HOME underwriting requirements along with a demonstration of the template through the use of sample case studies. The webinars will be recorded and posted on the HUD Exchange following the sessions and the HUD Exchange posting will include the templates as a tool for PJ underwriting.
This webinar will:
- Provide participants a review of the HOME underwriting requirements and provide a demonstration of the new HOME Homebuyer Development and the HOME Downpayment Assistance underwriting templates;
- Provide participants with an opportunity to ask questions and hear answers related to the underwriting templates.
Who should attend:
These webinars are designed for HOME PJs, State recipients and subrecipients, and HUD Field Office staff.
Related Materials and Resources
U.S. Department of Housing and Urban Development (HUD)
For more information, please contact:
Single Family Underwriting Webinars Registrar | firstname.lastname@example.org
Tags: HOME Underwriting and Project Selection