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Are you dreaming of owning a home in Mobile County?
Great news! The Mobile County’s Down Payment Assistance Program has been relaunched, offering a fantastic opportunity for first-time home buyers to make their dreams come true.
Let’s dive into the details and see how this program can help you!
What is the Down Payment Assistance Program?
The Down Payment Assistance Program, funded through the U.S. Department of Housing and Urban Development’s Home Investment Partnerships Program, is designed to boost local homeownership.
This initiative provides financial support for low-to-moderate-income first-time home buyers, helping them cover the cost of a down payment.
Who is Eligible for Assistance?
If your household income is 80% or less of the current median family income for Mobile County, you could be eligible for up to $25,000 in assistance toward the purchase of a single-family home.