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Gulf Coast Partnerships lead to Homeownership

May 11th, 2015   

When Yucimid, a single mother of three young children and a teacher’s aide, wanted a safe place for her children to call home, she turned to HOPE.  She needed financial assistance to qualify for a mortgage and was referred to HOPE by the housing authority because HOPE was one of few lenders that would allow the use of a housing voucher to help make her monthly mortgage payment.  Yucimid received a grant from the Mississippi Home Corporation’s Home Loan Plus program for $14,999 to help cover the down payment and closing costs of the loan. HOPE provided Yucimid with the loan and now she and her family are living in their new home.