Published: 3/5/2021 8:02:04 AM
The New Hampshire Housing Finance Authority has launched an initiative to help essential frontline workers become homeowners.
The new Community Heroes Initiative provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s Plus mortgage programs. Eligible borrowers include healthcare, daycare and eldercare workers; law enforcement officers, firefighters and first responders; educators; and active members of the armed services.
The initiative’s $3,000 grant goes directly to the lender as a closing-cost credit, and the borrower is not required to repay this credit, the agency said. There is a maximum program income limit of $135,300, and funding for the initiative is limited.
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BEDFORD, NH – In appreciation of the vital services that New Hampshire’s essential frontline workers have been providing during the COVID-19 pandemic, New Hampshire Housing has launched a special initiative to help them become homeowners. The new
Community Heroes Initiative
provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s
Plus mortgage programs.
Eligible borrowers include healthcare, daycare and eldercare workers; law enforcement officers, firefighters and first responders; educators; and active members of the Armed Services. The Community Heroes Initiative provides a $3,000 grant directly to the lender as a closing-cost credit and the borrower is not required to repay this credit. There is a maximum program income limit of $135,300, and funding for this initiative is limited.
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