$5,000 GRANTS FOR FIRST TIME BUYERS AVAILABLE! 34 LEFT!
The First Home Grant Program is for buyers with a total household income that does not exceed 50% of the Area Median Income (AMI). The Program provides first mortgage financing and grant funds for down payment and/or closing cost assistance. The grant amount is $5,000 per household and is not required to be paid back. There is a limited amount of funding and the funds will be allocated on a first-come, first-serve basis.
Buyers using this program must meet NIFA's first-time homebuyer requirement described in the Eligibility section.
Loan type options include a Conventional-insured loan, FHA-insured loan, USDA Rural Development-guaranteed loan and VA-guaranteed loan.
HELP US GET THE WORD OUT ABOUT THESE GRANTS!
If you have any questions, contact the NIFA Homeownership Team directly!