The Northampton County First-Time Homebuyer Program provides loans to income-eligible, first-time buyers of Northampton County homes. County Executive Lamont G. McClure is pleased to announce that Northampton County will now provide $10,000 to eligible residents to help with down payments and closing costs. This amount was originally $5,000.

“This is a significant step in taking our residents from being tenants to assisting them as they become Northampton County homeowners for the first time,” says Lamont G. McClure. “Homeownership remains the surest route into the Middle Class. I will continue to work and fight to expand the Middle Class for all of our citizens.”

The Northampton County First-Time Homebuyer Program has several important goals: to provide the opportunity for stability that home ownership affords, to increase vitality in low- and moderate-income neighborhoods by increasing home ownership in these communities, and to allow county residents to take advantage of the benefits of fair housing choice.

To qualify, county residents must be first-time homebuyers or have not owned a home for at least three years, obtain a primary mortgage from one of the partner financial institutions, complete a free half-day HUD certified/affiliated Homebuyer Education Counseling Program from an accredited agency before closing, and your annual household income cannot exceed 80% of the median income for the Lehigh Valley.

The Northampton County Department of Community and Economic Development will receive and review applications continuously throughout the year. Applications can be acquired through the first lender. When and if funds are depleted, the approved but non-funded applications will be held to await additional funding.

For more information, please visit the Northampton County Department of Community and Economic Development website.

 

Information provided to TVL by:
County of Northampton
669 Washington Street
Easton, PA 18042
https://www.northamptoncounty.org/

 

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