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If you are a worker covered by the Culinary and Bartenders’ union contract, then you are eligible for a new housing benefit that helps gaming workers obtain the dream of homeownership. Established as a result of the 2007 collective bargaining agreement, the new Culinary and Bartenders Housing Partnership provides the following benefits: Homebuyer education and counseling Workshops on foreclosure prevention First-time homebuyer down payment loans The State of • The loan has a zero-percent interest rate and is repayable when you sell or refinance your home. • You must live in the house you buy (no second homes or vacation homes). • You must contribute 1% of the purchase price of the home. • Your household income cannot exceed $76,680 for a 1-2 person household, or $89,460 for a household with three or more persons. • You must complete an 8 hour homebuyer education course. • You must qualify for a home mortgage from a lender. • Funds for this down payment assistance program are limited. Down payment loans will be approved for qualified buyers on a first-come, first-serve basis.
Call today for a list of homes ,lenders, seminar and guidelines info (702) 277-0075 |