Grant Funds Available towards Home Ownership
The Home$tart program provides eligible applicants with up to a $5,000 grant and the Home$tart Plus participants receive up to $10,000. Grant funds can be used for the down payment or closing costs, or to rehabilitate a new residence.
General guidelines for the program are as follows:
- All eligible households that are First-Time Homebuyers (as defined by FHLB) must complete a Financial Literacy Program prior to closing.
- Income limitations apply. Can earn up to 80 percent of area median income for the location of the residence being purchased.
- Funds are made available to on a first-come, first-served basis, subject to availability.
Other requirements apply, so please contact us for details.