To all GRB shareholders:
There are three seperate programs that each are loaded with their own benefits and seperate from each other.
1) The USDA will pay a 90% cash grant and the balance with a 30 year loan at 1%
2) The USDA also provides homebuyers with a 38 year loan with zero percent down at 1.9% interest.
3) The State of California is also passing a 17% down payment plan which is a cash contribution that you do not have to pay back unless you sell your home before you pay your mortgage. You can transfer to a new property with no penalty. This is in addition to the USDA program, but most places cannot get USDA coverage. Tehachapi City does get USDA coverage as an Exurb of the greater Bakersfield region.
Here are the facts of Tehachapi as approved by the City and drawn from the regional CoC.
2018 POPULATION ESTIMATE** 37,545
2018 Population estimate (City Only) 2010 Census Population 14,573
2023 Projection 39,404
POPULATION CHARACTERISTICS
Median Age 39.05
Spanish Speaking 16.11%
POPULATION BY ORIGIN
Not Hispanic 75.22%
Latino Hispanic 24.78%
POPULATION BY ORIGIN
White Alone 79.58%
Black or African American 3.17%
American Indian / Alaska Native Asian Alone 1.44%
Native Hawaiian / other Pac. Islander Some Other Race 1.78%
Two or More Races 0.14%
AVERAGE HOUSEHOLD INCOME $ 86,510
93531 $ 88,114
93561 $ 86,485
Again, Shnepps is spreading misinformation because he is underwater in his PWR trading and is also underwater in his OIL and BEV trades as well.
Shnepps is the worse source of information on the planet.