Center City

              Neighborhood Development Corporation

         "Changing the face of our neighborhood.....one improvement at a time."   

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Down Payment / Closing Cost Assistance

Qualifying first-time homebuyers may receive a low interest loan thru the corporation of up-to $2,500 to cover down payments or closing costs needed to close their mortgage deal.

 

Center City offer three (3) percent interest loans for a period of five (5) years to income eligible first-time home buyers purchasing a home in the Center City Area of Niagara Falls.

ELIGIBILITY FACTORS:

    1)    Must be a first-time home buyer (not owned property in the past 3 years)

    2)    Must be purchasing property in the Center City Boundary Area

    3)    Must secure private mortgage financing with acceptable terms

    4)    Must own and occupy and primary residence for 5 years

    5)    Must complete Center City's First-time Homebuyer Education Series

    6)    Must meet Income Guidelines: