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Neighborhood Assistance Corporation of America (NACA)
NACA is a non-profit community advocacy and housing services organization. It is the largest and most effective organization of its kind in the country. NACA's confrontational community organizing and unprecedented mortgage program have set the national standard for assisting low and moderate income people achieve the dream of home ownership.
Started in 1988, NACA has a tremendous track record of successful advocacy against predatory and discriminatory lenders. Today, NACA has commitments from banks and lenders totaling over $10 Billion for the best mortgage program in America: no down payment, no closing costs, no fees, perfect credit not required, and a below market interest rate.
NACA also provides free comprehensive housing services. NACA has 21 offices throughout the country and is expanding rapidly. NACA is a high profile organization that has been featured in the national media including the Wall Street Journal, Prime Time Live, Boston Globe, Washington Post, major news outlets, and local networks nationwide.
WHO DOES NACA HELP?
To qualify for NACA's services you must have a household income lower than a specific percentage of your city's median income or be willing to purchase in a neighborhood that has been cut off from access to credit (Priority Areas). Income restrictions differ by NACA office location. You may not own other property, and you must live in the home while you have the mortgage you obtained through NACA.
For more information go to: www.naca.com/
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