The Story of Homeownership: the USDA 502 Direct Loan Program



Watch a video from Pathfinder Community Connections, an IACED member in Northeast Indiana, to learn the story of how the USDA 502 Direct Loan program builds individual wealth through home equity one household at a time, supports the local economy, and transforms lives.

New Market Tax Credits Application: Share Project Ideas

IACED is a partner with the Indiana Housing and Community Development Authority in a Community Development Entity known as Indiana Development Capital, LLC. IACED is working with IHCDA and a range of other partners to compose an application for New Market Tax Credits. If you have projects that might benefit from New Market Tax Credits, please complete a brief survey at http://svy.mk/lQTjr1

January Drop in Home Sale Agreements Demonstrate Beleaguered Recovery

According to the National Association of Realtors, fewer Americans signed contracts to buy homes in January.  In fact, their index of sales agreements for previously occupied homes fell nearly 3 [...]

RealtyTrac Reports Record Bank Repossessions

RealtyTrac reported yesterday that in 2010, banks repossessed over a million homes.  That is an increase of 15 percent more than in 2009.   Market analysts suggest that this represents a [...]

Bank of America becomes first lender to use “piggyback” mortgages provisions of foreclosure prevention efforts

According to a story reported by ABC News, Bank of America became the first lender to sign-up for an element of the Obama administration’s $75 billion foreclosure-prevention program. The Obama [...]

Crooked Creek Community Development Corp. Seeks Community Real Estate Developer

IACED member, Crooked Creek Community Development Corporation is seeking a Community Real Estate Developer. You will find additional details on IACED’s website…http://www.iaced.org/. IACED will list employment opportunities currently available within [...]

Despite Historic Drops in Home Prices, New Study Finds – HOUSING COSTS ARE ACTUALLY ON THE RISE FOR AMERICA’S FAMILIES

Latest U.S. Housing Trends Reveal That Affordability Challenges Grow, Situation Likely to Get Worse Due to High Unemployment Washington, DC (December 17, 2009) – While the U.S. foreclosure crisis has [...]