What is one purpose for which funds from a Non-Profit agency can be used?

Funds from a non-profit agency can be utilized for an interest rate buy-down because this purpose directly supports efforts to make homeownership more affordable for potential buyers. An interest rate buy-down reduces the mortgage interest rate by paying upfront fees, which can significantly lower monthly mortgage payments. This makes it easier for low-income or first-time home buyers to qualify for loans and afford their homes, aligning with the mission of many non-profit organizations that aim to promote affordable housing solutions.

Choosing this option reflects a strategic use of funds to positively impact housing finance for those who may struggle with high borrowing costs, rather than enhancing commissions, increasing seller contributions, or covering maintenance costs, which do not directly support the goal of improving accessibility to homeownership for those in need.