EXAMPLE OF THE ELIGIBILITY NOTIFICATION LETTER

As part of the Puerto Rico Disaster Recovery Action Plan, the Puerto Rico Department of Housing (PRDOH), as grantee, has designated the Puerto Rico Housing Finance Authority (PRHFA) as the Subrecipient to administer the Homebuyer Assistance Program (the Program or HBA). The Program provides a budget of six hundred ninety-five million ($695,000,000) in CDBG-DR funds to assist with the gap between the amount of the first mortgage an Applicant can obtain from a Lending Institution and the purchase price of a home.
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As part of the Puerto Rico Disaster Recovery Action Plan, the Puerto Rico Department of Housing (PRDOH), as grantee, has designated the Puerto Rico Housing Finance Authority (PRHFA) as the Subrecipient to administer the Homebuyer Assistance Program (the Program or HBA). The Program provides a budget of six hundred ninety-five million ($695,000,000) in CDBG-DR funds to assist with the gap between the amount of the first mortgage an Applicant can obtain from a Lending Institution and the purchase price of a home.
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