PWR Charity Foundation Adds New HOA Dues Assistance to "Opening Doors" First Time Home Buyer Program. The application period for both programs will begin on June 1, 2009.
Adding a new feature to the existing Down Payment Assistance Program, Opening Doors the Pacific West Association of REALTORS® (PWR) Charity Foundation is now offering one year home owners’ association dues (HOA) to qualified first time home buyers.
“Oftentimes, HOA dues can present a barrier to first time buyers. We are proud to have raised enough money to include an HOA dues assistance program this year, in addition to the down payment assistance grants that we will award,” said Michael DeLeon, President of the PWR Charity Foundation Board.
Applications for both first time buyer programs will begin June 1. Applicants must purchase a property within the PWR coverage areas of southern LA and northern Orange counties.
The PWR Charity Foundation has awarded more than 30 southern California families with down payment assistance since the program’s inception in 2007. http://www.pwr.net/PWRToday/Reports/Default.aspx?ReportID=40&HTML-Link=False