First Time Home Buyer
The First-Time Homebuyer Purchase Assistance Program is currently OPEN.
The First Time Home Buyer program provides funding to eligible first-time home buyers to purchase a home. Funding will be used to pay all or a portion of the costs and/or down payment required for the purchase. Applicants interested in the First Time Homebuyer program must complete the Inquiry Form below, be prequalified with a 1st mortgage lender, and have a contract in place before being able to proceed to the online application process in Neighborly. Applications are awarded in order of the first completed and verified application. Staff will require a minimum of 30 days to process a new application for funding. To access the First Time Homebuyer Inquiry Form and more information, click on the links below.
First Time Home Buyer-Purchase Assistance Inquiry Form
Checklist
For more income guidelines and additional information see the links below:
| INCOME ELIGIBILITY FY2025 | |||
|---|---|---|---|
| Household Size | Very Low (50%) | Low (80%) | |
| 1 | 40,350 | 64,550 | |
| 2 | 46,100 | 73,800 | |
| 3 | 51,850 | 83,000 | |
| 4 | 57,650 | 92,200 | |
| 5 | 62,250 | 99,600 | |
| 6 | 66,900 | 107,000 | |
| 7 | 71,500 | 114,350 | |
| 8 | 76,100 | 121,750 | |
