Description

DESCRIPTION: Home ownership program that offers financial assistance to make home purchases more affordable for those that meet eligibility requirements MORE INFORMATION Offers a Down Payment Assistance Program to help with down payment and/or closing costs, designed to meet the needs of low and moderate income homebuyers who wish to purchase a home, but are unable to provide the necessary liquid assets and/or qualify at the present time to finance the transaction without assistance. The assistance is in the form of a lien secured by the purchased property. The maximum assistance amount is $5,000.00. The amount is based on an as-needed basis. Maximum loan term of 7 years at 1% interest.

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