Center City

              Neighborhood Development Corporation

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

                 Home 

 

Down Payment / Closing Cost Assistance

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

 

 

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: