Could You Be Eligible For A Housing Grant?

Under the Welcome Home Program, eligible home buyers can qualify for up to $5,000 to use toward a down payment and closing costs for the acquisition or construction of a personal residence.  Here are some quick facts you need to know:

  • Funds will be available starting March 1, 2017
  • Household annual income must be at or below 80% of certain income limits, which for Franklin County are:
    • 1-2 Person Household: $69,600
    • 3+ Person Household: $80,040
    • Click here to find income limits for other counties
  • Buyers must contribute at least $500 of their own funds toward the down payment and closing costs
  • Property may be 1-4 units, so long as it is to be used as the buyer’s personal residence

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