Currently accepting applications. The purpose of the Program is to assist eligible first-time home buyers with a 0% interest, deferred payment loan to be applied toward down payment and closing costs for the purchase of eligible owner-occupied housing, and rehabilitation costs for minor improvements to the property after closing. The maximum award amount is based on need, not to exceed income category limits as included in the application. Available funding is very limited, and state set-aside requirements apply. New applicants may be placed on a waiting list.
***NOTICE*** Application packet revised as of 8/3/16. All previous versions of the application package are no longer valid.
As of July 18, 2016, all available funding for this program has been spent. No additional funds will be allocated to this program for FY 2016-17. However, the City is currently accepting applications for the SHIP Purchase Assistance Program. For more information, please see the application packet above.