HUD is very pleased to report that it has received well over a thousand applications for its 2004 Homewise Program! Under Homewise, 10 lucky income eligible families will receive a rehabilitated home at 50% off the home's appraised value. Although the Homewise Program will certainly make the dream of homeownership a reality for the 10 families that win the Homewise drawings, the program expects to assist thousands of low-to-moderate income families in achieving their dream of building wealth, starting a small business, or sending a child to college through homeownership by using the equity from their home!

The Homewise home in Columbus, Ohio. Applications are still being accepted from veterans.

The Homewise home in Seattle, Washington. Applications are still being accepted from veterans.

The deadline to apply for the Homewise Program was August 31, 2004. However, the deadline for veterans applying for Homewise properties in Columbus, OH and Seattle, WA is September 17, 2004. If you missed the August 31, 2004, deadline and are not a veteran, don't worry! Many families, just like you, are learning more each day about the homebuying process through homebuyer education courses offered by HUD-approved Housing Counseling Agencies (HCA). So, there's no reason why you can't do the same. Simply visit our housing counseling website or call (800) 569-4287 to find a HUD-approved HCA in your area. The courses offered by HUD-approved HCAs are sure to help demystify the sometimes overwhelming homebuying process. Please locate your nearest HCA and sign up for a homebuyer education course TODAY!