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Can EBP funds be used with other programs providing assistance to first-time or other home buyers?

April 26, 2017Buyers EBP first-time funds Home Programs providing Used

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Can EBP funds be used with other programs providing assistance to first-time or other home buyers?

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Yes, EBP funds can be combined with other federal, state, or local grants or loans, such as Community Development Block Grant (CDBG) or HOME funds. However, the funds cannot be used in concert with or to supplement other AHP subsidies for the same borrower in the same transaction.