Homeownership and Opportunity for People Everywhere III (HOPE III)

HOPE III provided planning and implementation grants for homeownership programs in certain single-family projects to a cooperative association, public or private non-profit organization, or a public agency in cooperation with a private non-profit organization. Eligible households under the HOPE III program were first time homebuyers whose incomes could not exceed 80 percent of Area Median Income (AMI).

Program Information

• Scale: Small Scale (between 1 and 999 units)
• Timeframe: 1995 - 1995
• Occupancy Tenure: Homeownership
• Construction Type: Rehabilitation
• Building Type: Single-family
• Developer/Owners: Non-profit, Government
• Income: Annual Income of up to 80 percent of AMI
• Special Populations: First-time Homebuyers

More Resources

Parent Program: Homeownership and Opportunity for People Everywhere Programs