Eligible Homebuyers can receive assistance of $5,000 to pay costs of acquiring a home and additional assistance may be granted for minor repair needs.
Maximum household income is:
1 person
$40,150
3 persons
$51,600
5 persons
$61,950
2 persons
$45,900
4 persons
$57,350
6 persons
$66,550
Interest Rate Reduction
Participating lenders will provide an interest rate buy-down equal to 1% from the current applicable prevailing rate. Lender participation must be pre-approved by the Office of Housing and Neighborhood Services.
Maximum household income is:
1 person
$40,150
3 persons
$51,600
5 persons
$61,950
2 persons
$45,900
4 persons
$57,350
6 persons
$66,550
Homebuyer Assistance
Homebuyers are eligible for assistance of $2,500 to pay costs of acquiring a home.