12/09/2021
Fantastic opportunity for healthcare workers, teachers, and first responders! Consider looking in to this if you are first timer looking to own your own home. Midtown and downtown are continuing to be on the up&up, too 😉
The City will be offering enhanced down payment assistance to qualifying frontline healthcare workers and certified teachers buying their first home.
Our Down Payment Assistance Program is designed to help bridge some of the financial gaps that are often barriers to first-time homeownership by providing up to $10,000 in down payment assistance to first-time buyers who meet federal income requirements. Since last year, we have also offered down payment assistance of up to $20,000 to qualifying police officers and firefighters buying their first home.
With additional funding from the American Rescue Plan, we are able to expand that program to include qualifying healthcare workers and active certified teachers. Offering down payment assistance to our first responders has helped our employees find attainable housing and put hardworking public servants in local neighborhoods. I think we all learned pretty quickly during the pandemic just how vital our healthcare workers are, and we saw teachers adapt to make sure our children’s education continued uninterrupted.
