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[WASHINGTON, D.C.] - The National Association of Local Housing Finance Agencies (NALHFA) announced today that Homium is its newest member.
NALHFA is the leading local affordable housing advocate, influencing the shape and content of congressional legislation and agency regulations affecting the affordable housing finance industry.
Homium Inc. provides innovative housing affordability solutions through shared appreciation mortgages originated and securitized on a proprietary technology platform. Homium’s mortgage loans are consumer friendly – fair, transparent, and simple with no monthly payments.
In lieu of interest, the homeowner shares a proportionate amount of any home price appreciation. The Homium platform delivers customizable down payment assistance programs that offer the ability to leverage public and private capital to extend the benefits and impact of taxpayer dollars creating sustainable homeownership opportunities in underserved communities.
“We’re excited to join NALHFA and share our innovative approach to DPA programs which offers HFAs the ability to partner with private capital and social impact investors to get more bang for their buck in expanding ownership opportunities and wealth creation in underserved neighborhoods.” – Marcus Martin, CEO
For more information on Homium, visit www.homium.io/.
For more information about NALHFA, click here.
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