Aurora launches new down payment assistance program as demand surges

The City of Aurora has launched a down payment assistance program designed to help more residents become homeowners, and early interest suggests demand is high.

The program offers qualifying buyers between 4% and 10% of a home’s purchase price to help cover upfront costs. For a typical Aurora home priced around $400,000, that translates to roughly $18,000 to $40,000, according to city officials.

“This assistance is possible through the Prop 123 funds that were voted on by the residents of Colorado in 2022,” said Sarah Pulliam, Aurora’s housing and community development manager…

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