First Time Home Buyer
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 FY2026 | |||
|---|---|---|---|
| Household Size | Very Low (50%) | Low (80%) | |
| 1 | 44,350 | 71,000 | |
| 2 | 50,700 | 81,150 | |
| 3 | 57,000 | 91,300 | |
| 4 | 63,400 | 101,400 | |
| 5 | 68,450 | 109,550 | |
| 6 | 73,550 | 117,650 | |
| 7 | 78,650 | 125,750 | |
| 8 | 83,700 | 133,850 | |