Akron Mayor Shammas Malik unveils down payment assistance plan for first-time homebuyers

AKRON, Ohio — Akron Mayor Shammas Malik announced plans this week for a new down payment assistance program aimed at helping first-time homebuyers.

The program, announced during Malik’s State of the City address Tuesday, would provide eligible buyers with up to $7,500 to help cover down payments and closing costs.

“Residents face a lot of obstacles when it comes to buying a first home,” Malik said during the speech…

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