The Core City Home Buyer Incentive Program provides a down payment/closing cost incentive to encourage homebuyers at all income levels to buy homes in the defined areas of the Core City, thus encouraging greater income diversification within the Core City.
Program parameters include the following:
- Assistance amount is $7,500
- Five-year loan at 0% interest and forgiven at 20% per year
- Property sales price not to exceed $300,000
- No income limits
- Property must be located in the Core City
Click the link to download the Homebuyer Incentive Flyer