Description:
CAP Services’ Community Assets for People (CAfP) provides low-cost capital to households and businesses owned by, or providing significant benefit to, low-income and moderate-income individuals.
All housing lending (homebuyer down payment assistance and housing rehabilitation) is directed at low-income households (up to 80% County Median Income). CAP’s Homebuyer Assistance Program provides low-rate simple interest loans with payments deferred for up to 30 years (or sooner if the home is sold or is no longer the primary residence of the buyer). Households may also secure financing to make improvements in their homes to meet the U.S. Department of Housing and Urban Development’s Housing Quality Standards.