All "Land Bank" Properties are sold in "as is" condition. No warranties are made regarding property condition. Property subject to reassessment by the municipality upon completion of improvements or Certificate of Occupancy. Properties in historic districts may be eligible for Historic Tax Credits. Qualifying Funding Assistance: Section 502 Direct Loan Program: This program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant's repayment ability. Single Family Housing Guaranteed Loan Program: This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas.