HomeBoost program to offer down payment help in Michigan

Honor Credit Union is participating in a program to help first-time and first-generation homebuyers secure down payment assistance.

The HomeBoost Down Payment Assistance Program, in partnership with the Federal Home Loan Bank of Indianapolis, will open for applications July 8, according to a community announcement.

The grant is designed to alleviate the financial burden of saving for a down payment, a common barrier to homeownership…

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