Philadelphia Offering Up To $10,000 For First-Time Home Buyers

PHILADELPHIA (KYW Newsradio) – Philadelphia officials Thursday announced a new program that they say will help hundreds of residents become homeowners and will provide game changing help with down payments. Philly First Home will cover six percent of the purchase price of a new home up to $10,000 for first-time home buyers.

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Welcome to the Pennsylvania Down Payment Assistance Grants page for first time home buyers. We’re glad you’ve made your way here! As a first time home buyer, you should be sure to check out all of the valuable information available to you in our Education Section!It’s a great primer for learning about your first home purchase!

It is called the Philadelphia Home Buy Now Program. With this program if you work for one of the about 30 companies that participate you can get up to $10,000 in grant money and also $2000. towards closing cost. You must be a first time home buyer and nay be limited to the areas that you can purchase in.

The First Time Homebuyer Program has been reloaded with $30 million in funding. This program provides low-interest first mortgage financing along with a mortgage credit certificate option and downpayment assistance to eligible households purchasing a home in Dakota County.

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Philly First Home program will provide up to $10,000 (or 6% of the purchase price, whichever is less) in assistance. The recipient must: A. Be a first-time homebuyer or a buyer who has not owned a home for at least three years B. Be a resident of the City of Philadelphia for three years and must purchase a home in Philadelphia C.

Philly First Home program will provide up to $10,000 (or 6% of the purchase price, whichever is less) in assistance. The recipient must: Be a first-time homebuyer or a buyer who has not owned a home for at least three years; Be a resident of the City of Philadelphia for three years and must purchase a home in Philadelphia

Nationwide, the supply of available homes for sale are expected to increase next year for the first time. initial offer about $5,000 above the listed price. And, she is postponing buying the second.