BELOW MARKET INTEREST RATE - BMIR
Housing-related programs that propose credits to fit candidates at interest rates that are lower than current market rates. Many cities have agendas that are working in extending below market interest rate (BMIR) credits to individuals with limited incomes, either for making home upgrades or for buying a home. BMIR-based rental program is also in The Department of Housing and Urban Development (HUD) for HUD-assisted residents.
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