The University Neighborhood Preservation Association is committed to promoting owner-occupacy by primarily administering a homebuyers assistance program that helps families and individuals purchase homes in the UNPA Target Area. UNPA has designed the Homebuyers Assistance Program as an incentive to attract buyers to the University Neighborhood and to financially assist families or individuals who
are interested in buying a home in the UNPA Target Area. In those years, UNPA has provided assistance to more than 500 homebuyers with grants and loans totaling more than $1.2 million. Just think of this assistance as a "gift from Mom and Dad" toward the purchase of a one-, two- or three-family house to remain or become an owner-occupied home within the UNPA Target Area. An "approved applicant" is one who buys property with the UNPA Target Area and plans to own and occupy it, and one who is eligible for a legitimate mortgage. Approval is also based on the availability of funds.