First Time Homebuyer Downpayment Assistance Program

Who is Eligible?

  •  Applicants must be first time homebuyers.
    • A first-time buyer is defined as anyone who has not owned a home for three (3) years. Single parents and displaced homemakers who owned or resided in a home with a spouse during the last three years are also first-time home buyers.
  • Applicants must be income eligible.  
    • Income limits are as follows:
        Family Size    
        Income Limit   
       
       1  $47,600
       2  $54,400
       3  $61,200
       4  $68,000
       5  $73,450
       6  $78,900
       7  $84,350
       8  $89,800

                      *Limits effective 4/14/2017

  •  Liquid assets cannot exceed $25,000 after closing.
© 2012 City of Haverhill. All rights reserved.   Powered By Revize Login Top