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Home Buyers Grant
The Welcome Home program provides grants of up to $20,000 for qualified home buyers to use toward the down payment and/or closing costs of a new home. Grants are not limited to first-time home buyers, but funds are limited and reserved on a first come, first served basis. Contact our Welcome Home experts, Kathy Kendrick and Rob Hoffman, to reserve your grant today!
Details
Family Size | Annual Income Limits |
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Family Size Family of 1-2 | Annual Income Limits $82,880 |
Family Size Family of 3+ | Annual Income Limits $95,312 |
Details shown above are approximations as of 3/1/2024
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Military, including Reservists, honorably discharged Veterans and surviving spouses of service personnel may qualify for up to $7,500 in grant funds.
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First-time home buyers must complete a home buyer education program.
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Home buyers must contribute at least $500 of their own funds toward down payment.
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Reserved funds are not transferable.
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Home buyers must remain in the home for 5 years or prorated repayment of the grant may be required.
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One to four family properties used as the home buyer's primary residence are eligible for the program.
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