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YourHub.com \\ Westminster \\ Stories \\ News \\ Government

Money available for low-interest mortgages

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Contributed by: YourHub.com on 2/5/2008

According to the city of Westminster Web site, the city council has assigned the city's 2007 allocation of $4,502,620 in private activity bond capacity to the Colorado Housing and Finance Authority to provide low-interest loans to Westminster homebuyers.

Private activity bonds are a type of financing used by private lenders for specific purposes defined in federal tax law, such as providing financing for first-time homebuyers and affordable apartment housing. Homebuyers interested in these mortgage programs can find more information at www.chfainfo.com.

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John Eisel

Denver , COLORADO

John Eisel has posted 2865 stories and 12 comments since joining on 9/14/2005. John Eisel's average story rating is 4.39.

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