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NCHFA Posted Criteria and Requirements for its New Preservation Loan Program

Tuesday, January 18, 2005 - 7:00AM

The North Carolina Housing Finance Agency (NCHFA) has posted the criteria and requirements for its new Preservation Loan Program. NCHFA set aside $10 million of its federal HOME allocation to allow the rehabilitation and preservation of rental housing that is not able to utilize other resources. Owners of affordable housing who are interested are invited review the criteria and requirements to determine if their property will be eligible.

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