Common use of Program Interactions with Other HFA Programs Clause in Contracts

Program Interactions with Other HFA Programs. The DPA Program will utilize existing infrastructure of participating lenders who are already actively originating both IHDA’s first mortgage and down payment assistance products. If the homebuyer has received HHF assistance under any other HHF program, the maximum amount of all HHF assistance may not exceed $57,500.

Appears in 2 contracts

Sources: Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement