Chenoa Fund is a down payment assistance program to help creditworthy, low and moderate-income families. Benefits this program provides are the following: Receive a second mortgage to cover their 3.5% minimum down payment requirement when purchasing an FHA-insured home; 5% down payment assistance.
AMI Limit
No
AMI
Employer Participation Required
No
Must Earn Counseling Certificate
No
Eligibility Limitations
Low and moderate-income families purchasing an FHA insured home.
