NEW ORLEANS, LA – November 7, 2013 – (RealEstateRama) — Today, Mayor Mitch Landrieu announced that the City of New Orleans’ $52.3 million “soft second” mortgage homebuyer assistance initiative’ Direct Homebuyer Assistance Program has now issued 500 commitments totaling $27,466,430.14. In total, 437 home purchases by first time homebuyers have been completed through the success of the City’s soft second mortgage program.
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