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The Nation

January 09, 1986

A family that has lived in public housing in McKeesport, Pa., for 17 years realized "the American dream of home ownership," becoming the first in the nation to get the deed to their publicly owned home under a new federal program for low-income tenants. The single-family, two-story home now belongs to Merrian and Mary Snyder instead of the government. The government will charge no interest on the $25,000 mortgage loan, and there was no down payment. The Snyders will pay $400 per month for eight years, including real estate taxes, utilities and insurance.

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