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Through the Home Consortium there are monies available for 1st time homebuyers. 1st time homebuyer is defined as anyone who hasn't owned a home in the last 3 years.
With fairly liberal income limits 1st time homebuyers are eligible for 20% of the price of the home, up to $10,000, for downpayment assistance. This money becomes a grant and does not have to be paid back if the owner stays in the home for 5 years.
To become eligible for this program the buyer must complete a simple training course teaching them about managing finances and providing insight into home ownership.
Call, or email us, to get contact information for this program.
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