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- The “Neighborhoods First” First Time Homebuyer Program is a HOME funded program that offers 5% of the home’s purchase price (up to a maximum of $10,000.00) for Down Payment and Closing Cost assistance and up to $40,000.00 in Rehabilitation assistance12. The program is available to income eligible first time homebuyers purchasing a home12. One to three family properties are eligible2. Borrowers must meet HUD income limits2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.“Neighborhoods First” First Time Homebuyer Program: A HOME funded program that offers 5% of the home’s purchase price (up to a maximum of $10,000.00) for Down Payment and Closing Cost assistance and up to $40,000.00 in Rehabilitation assistance to income eligible * First Time Homebuyers purchasing a home.www.frnbhp.com/programs/“Neighborhoods First” First Time Homebuyer Program. This program offers down payment and closing cost assistance, rehabilitation assistance and gap financing to enable income eligible applicants to own their first home. One to three family properties are eligible. Borrowers must meet HUD income limits.www.newbedford-ma.gov/community-development/…
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