In February
2013, the San Jose Consortium's Neighborhood Stabilization Program 2
reached a milestone!
The Consortium
led by the Housing Trust met and exceeded its goal to disburse $25
million, the amount awarded by HUD in 2010.
The Purchase
Assistance Loan (PAL) program provided 51 loans for families to
purchase formerly foreclosed homes within the City of San Jose.
Housing Trust
Silicon Valley will continue to accept loan applications for the PAL
program up to June 30, 2013.
For questions regarding
PAL guidelines, please visit our PAL program page on our website:
PRE-APPROVALS
are available for MAP, GAP and PAL
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