MCK Housing announces �Rent to Equity� program

01/21/2015

The Housing Department of the Mohawk Council of Kahnaw�:ke (MCK) is pleased to announce an exciting new Rent to Equity housing program that will allow qualified participants to rent one of four brand new three bedroom homes while saving for a mortgage down payment for future home ownership.
 
The program is intended for lower-to middle income Kahnawa�kehr�:non who might otherwise find it impossible to make the necessary down payment on a mortgage loan. A hallmark of the program is a scheduled savings component for the participant that the MCK will match equal to 50% of the contribution to facilitate accumulation of the necessary funds to enter the housing market.

�Rent to Equity is the latest innovative program added to MCK�s Housing portfolio and we are really excited to be able to offer this to our community members,� said Housing Department Manager Iris Jacobs. �Our goal is to provide all Kahnawa�kehr�:non with housing options that will meet their particular needs.�

Certain criteria apply for qualified participants. Find out full details by contacting the MCK Housing Department at 450-638-0500. Applications will be accepted from Friday, January 23 to Monday, February 23, 2015.