Called Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects and referred to as Program #14.155 in the Catalog of Federal Domestic Assistance, this program provides money for existing multifamily housing projects, whether conventionally financed or subject to federally insured mortgages at the time of application for mortgage insurance. Only projects not requiring substantial rehabilitation are acceptable under this section. The estimated cost of required repairs may not exceed 15 percent of the estimated value after repairs or $6,500 per unit adjusted by a high cost factor, whichever is greater and may not involve the replacement of more than one major system. The program has statutory per unit mortgage limits which vary according to the size of the unit, the type of structure, and the location of the project. There are also loan-to- value and debt service limitations. Prevailing wage requirements under the Davis-Bacon Act do not apply to this program. Contact your local office of the U.S. Department of Housing and Urban Development
Sphere: Related ContentThursday, June 19, 2008
Wednesday, June 18, 2008
Free Dental Care For Kids
Many dentists will provide free dental care. According to an American Dental Association survey, 75% of its members provide charitable care. You can find info on free kids dental services offered in your state. Just click on your state and see. Or contact the American Dental Association, 211 East Chicago Ave., Chicago, IL 60611-2678; 312-440-2500.
Sphere: Related ContentTuesday, June 17, 2008
Free Business Interns For Your Business
Let the government locate and pay for a skilled intern for your company! Through the Middle East Partnership Initiative, the government is providing talented young women from the Middle East with unique opportunities to learn management and business skills while working in the dynamic and productive U.S. business environment. With $14 million in funding available, this program handles the recruitment of management and entry-level professional interns, and covers the costs for travel, lodging, health insurance, and a stipend for a 3-6 month internship. To find out how your company can benefit from this program, contact U.S. Department of State, Harry S. Truman Building, NEA/PI, 2201 C Street, NW Rm. 5253A, Washington, DC 20520
Sphere: Related ContentMonday, June 16, 2008
$50,000 From Your Phone Company To Start A Business
If you live in a small town or want to live in a small town and want to be an entrepreneur. In it's efforts to create jobs in small towns the government gives grants to local phone and electric utility companies who are to take that money and help entrepreneurs start or expand a business. The program is called Rural Economic Development Grants at the U.S. Department of Agriculture. Find out who got this money in your area so you can get some.
Sphere: Related Content$10,000 Grants for High School Seniors
The Frederick B. Abramson Memorial Foundation Scholarships are awarded to economically disadvantaged public high school seniors in Washington DC. These scholarships are available to help them defer college expenses at a four-year accredited institution. Contact: Scholarship Committee, The Frederick B. Abramson Memorial Foundation, 734 15th Street, N.W., Suite 502, Washington, DC 20005
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