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City outlines Harvey homebuyer assistance program and raises winter-storm single-family repair caps
Summary
HCDD described the Harvey Homebuyer Assistance Program 2 (HBAP2) with $18 million in set-aside and explained affordability periods; the department also proposed a substantial amendment to raise single-family winter-storm repair reimbursement caps from $6,000 to $10,000.
Housing staff presented details and legal documents for a new Harvey Homebuyer Assistance Program 2 (HBAP2) and a substantial amendment to winter-storm single-family repair guidelines.
Sutter Hussain presented items 4a and 4b. For HBAP2 (Harvey Homebuyer Assistance Program 2), the department recommended ordinances authorizing legal documents (deferred payment note, second-lien deed of trust, forgivable loan…
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