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CANI seeking home buyers

Press release from CANI:

CANI seeking home buyers

(February 25, 2010) CANI (Community Action of Northeast Indiana) is proud to announce a new program that will make the dream of home ownership come true for families in our service area.

In simple terms, CANI will purchase, rehabilitate and resell homes to qualifying families in the counties that we serve. The goal is to make attractive homes available to families and support the stability of neighborhoods. Home buyer education will be provided to guide potential home buyers through the process. CANI will hire local contractors to remodel the homes prior to the buyers moving in.

CANI will market the homes to interested families for purchase at a price below market value. The selected homes will be three or more bedrooms, approximately 1,200 square feet, and centrally located near everyday conveniences.

Initially, CANI will concentrate its efforts in DeKalb, Noble and Whitley counties. The agency intends to purchase and rehabilitate two homes by the end of July.

To qualify, families must desire to purchase a home in one of the three counties, meet income guidelines, and obtain financing from a lending institution.
For more information, contact Barb Cayce at (260) 423-3546 ext. 257. Applications are now being accepted.

CANI helps communities, families, and individuals remove the causes and conditions of poverty. For more information about CANI and the services provided, visit the website www.canihelp.org.

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