Housing nonprofit Home Sweet Home has received a $3,000 grant from the Grand Traverse Regional Community Foundation to support its innovative approach to the housing crisis, according to Home Sweet Home President John O’Neill.
The funding, which tripled from last year’s amount, will enable Home Sweet Home to introduce large Bridge Down Payment Loans.
“These will be interest-free and deferrable so that they don’t lower the homebuyer’s mortgage loan limit,” O’Neill said.
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