Do you have a Realtor you work with that can get you what the house is actually worth or a program that can tell you that.  

Nonprofits are when the a city or nonprofit agency wants to purchase it under the $1.00 program.

I have and do have several rentals, none ever on the Sec 8 program.

They are still offering some good loan programs.

Are there any government programs that I might be able to use to finance the project?

If you intend to occupy this property as your primary residence, then FHA would avail you to a higher LTV/lower interest rate then any NOO loan program available on the market today.

I do work with these banks on a very regular basis and they all offer a nice program, but I sell off frame modular homes, so again I am not sure of your circumstances.

No---but certain level of liquidity is required to self fund rehab whilst waiting for reimbursement from escrow (there is only one investor rehab loan program that advances a portion of the cost of repairs at closing---the remainder of the programs work on a reimbursement basis [cost of repairs are reimbursed in the arrears of actual work being done/inspected/verified]).

I know this post is really old but I just found it and this program seems too good to be true.

your better trying to go for doc relief type of programs.