Estimated Number of Participating Households. It is estimated that up to 2,200 applicants/families could receive 2nd lien relief under this program. If the level of lender participation exceeds 60% versus the program’s 40% or the average program funding level averages less than the maximum of $16,500 in necessary funding to create the 2nd lien relief, then there could be an increase in the number of borrowers assisted.
Appears in 6 contracts
Samples: Hfa Participation Agreement, Hfa Participation Agreement, Hfa Participation Agreement
Estimated Number of Participating Households. It is estimated that up to 2,200 1,246 applicants/families could receive 2nd lien relief under this program. If the level of lender participation exceeds 60% versus the program’s 40% or the average program funding level averages less than the maximum of $16,500 in necessary funding to create the 2nd lien relief, then there could be an increase in the number of borrowers assisted.
Appears in 2 contracts
Samples: Hfa Participation Agreement, Hfa Participation Agreement