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Guidelines for Down Payment Assistance (Bond and Non …

Guidelines for Down Payment Assistance (Bond and Non …

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non-bond, market sales of mortgage-backed securities backed by the loans, and (ii) “Bond DPA” which is provided from the proceeds of tax-exempt single family mortgage revenue bonds issued under Section 143 of the Internal Revenue Code. MCCs, which are issued under Section 25 of the Internal Revenue Code, provide a tax credit to

  Securities, Mortgage, Backed, Backed securities backed

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