January 5, 2018
Military Homeownership Assistance Program
´╗┐Wait List Instructions
As of January 5, 2018, all funding made available for the Military Homeownership Assistance Program (MHOA) for the fiscal year ending June 30, 2018 has been reserved. 

At this time, reservations for this program are on a wait list basis and grants will only be funded if and when a new appropriation is approved by the State Legislature. 
  • Reservations to the wait list must be made through Lender Online under 303-MHOA-CY18 Wait List and:

  • Have an executed purchase agreement prior to reserving the MHOA grant, this is a program requirement.

  • Submit pre-close packages in accordance with current guidelines.

  • IFA will review the file for eligibility and will provide correspondence regarding that review.

  • A down payment assistance commitment will NOT be issued until it has been determined that funds will be available.

  • Grant funds reserved after January 5, 2018, should not be applied at closing. 

  • If and when funds are available, eligible wait list applicants will be credited through a principal reduction for closed loans.
We will provide updates as we receive more information.  

Please contact your assigned   single-family team member   with any questions, 800-432-7230.
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