Basis for Activities that promote Relative homeownership for Priority income families by providing counseling and training that prepares the prospective homeowners for homeownership thereby possibly preventing foreclosure or financial difficulties. 12 Priority Production of new Need homeowner units Name Priority Low Level Population Extremely Low Low Moderate Middle Geographic Affected Associated New Construction (CR) Goals Description Production of new homeowner units Basis for Aging housing stock Relative indicates need for new Priority construction but few local households qualify for home loans. As such, new construction can’t be justified since the homes would remain unsold on the market. 53 Priority Needs Summary – Narrative (Optional)
Basis for Relative Priority Activities that promote homeownership for income families by providing counseling and training that prepares the prospective homeowners for homeownership thereby possibly preventing foreclosure or financial difficulties. 12 Priority Need Name Production of new homeowner units Priority Level Low Population Extremely Low Low Moderate Middle Geographic Affected Associated Goals New Construction (CR) Description Production of new homeowner units Basis for Relative Priority Aging housing stock indicates need for new construction but few local households qualify for home loans. As such, new construction can’t be justified since the homes would remain unsold on the market. 53 – Priority Needs Summary Narrative (Optional)
ConPlan-PY15-PY19.docx