@tylerterry4030 When a borrower defaults on the City mortgage, the balance of the loan becomes due and payable as stated in the City of Durham Down Payment Assistance (DPA) Program Policy and Guidelines.

@johnmcrae5043 The City of Durham Down Payment Assistance (DPA) Program provides up to $80,000 to qualified low- and moderate-income first-time homebuyers. The assistance is in the form of a zero percent, forgivable loan, with a 15 year term. Each year, 1/15th of the loan amount is forgiven if the homebuyer remains in compliance with the requirements stated in the loan agreement. If the homebuyer desires to sell the house during the 15 year term of the loan, the homebuyer must repay the remaining balance of the loan to the City before the lien is removed from the property. The qualifying process is required to ensure that the borrower is income eligible, the property is located in the city of Durham, the first mortgage loan is affordable, the appraised value is equal to or greater than the combined loan amount and the house meets City Minimum Housing Code.

Good suggestion! I've added to the video's description and here's a link for you - www.durhamnc.gov/4609/Down-Payment-Assistance-Program

Thank you!

@ConstellationLady Both agenda items regarding Fayetteville Street were passed unanimously by Durham City Council. You can learn more about the project at www.durhamnc.gov/4405/Fayetteville-Street-Corridor.

@@CityofDurhamNC all I know is the couple have been getting up there for years asking for much needed improvement for quality of life for that area…. and it keeps getting shot down. The city of Durham should honestly be ashamed of themselves. Wow.

@@BlaqueDNA We understand and empathize with that the feeling. It's a long time waiting for this area. Apologies also, the link provided is regarding the Fayetteville Street transit corridor not the ARPA funding as discussed in the meeting. The point of contact for the ARPA funding of Fayetteville Street is Summer Alston, Special Project Manager, Office of Economic and Workforce Development. She can be reached at [email protected]. You may want to review the May 9 Work Session where they discussed the 20. American Rescue Plan Act (ARPA) Project - Fayetteville Street Corridor Improvements and 21. American Rescue Plan Act (ARPA) Revenue Replacement Project - Fayetteville Street Corridor Improvements - kzbin.infoznQ70-9h31s?si=5miuY2eMiRZpNOeS&t=7665

@@CityofDurhamNC thank you for responding sincerely. I truly feel the community needs to be made aware of situations like this. Perhaps even ask why this area is constantly being ignored? I do live in the community so is there someone else that could take another look at this?? I’m very concerned for this area and the people living in it. There is no other area of Durham (that also has a hospital so close to such degeneration). Thanks again for the info. Please encourage your leaders to revisit this topic and advocate harder for this area it’s starting to look like perhaps Durham has deemed this area as a “throw away” area.

@@BlaqueDNA We appreciate you looking out for your neighborhood. We'll share these comments with Summer Alston but you may want to contact City Council directly with with your concerns. It might mean more coming from you the resident (versus social media). You can email the City Council at [email protected].

As was shared in this short video, three non-profit housing developers/builders will be constructing affordable for-sale housing on City-owned vacant lots. We invite you to read more about each of these three nonprofits and the planned construction for low-income residents at the following links: cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/Final-Published%20Attachment%20-%2016943%20-%20MEMO%20-%201%20-%20AGENDA%20MEMO%20-%205_6_2024.pdf?meetingId=643&documentType=Agenda&itemId=38198&publishId=216328&isSection=false cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/Final-Published%20Attachment%20-%2016944%20-%20MEMO%20-%201%20-%20AGENDA%20MEMO%20-%205_6_2024.pdf?meetingId=643&documentType=Agenda&itemId=38199&publishId=216313&isSection=false cityordinances.durhamnc.gov/OnBaseAgendaOnline/Documents/ViewDocument/Final-Published%20Attachment%20-%2016942%20-%20MEMO%20-%201%20-%20AGENDA%20MEMO%20-%205_6_2024.pdf?meetingId=643&documentType=Agenda&itemId=38197&publishId=216310&isSection=false