NeighborWorks Northeastern Pennsylvania (NWNEPA) knows homeownership. In fact, we’ve been providing services to homeowners and prospective buyers for 30 years. All of our services are provided with the focus of increasing the financial stability of our neighbors by providing services that create and preserve opportunities for homeownership and affordable housing. At NWNEPA, home repair assistance, pre-purchase counseling, homebuyer education, foreclosure prevention services and financing assistance for modest income homebuyers can all be found under one roof.
Lackawanna County First-Time Homebuyer Program.
The Lackawanna County First-Time Homebuyer Program assists moderate-income families and individuals with the purchase of their first home within Lackawanna County (excluding the City of Scranton).
The program currently offers down payment subsidies of up to 15% of the purchase price (not to exceed $12,000) with a minimum of 5% (verified) down payment required from the participant’s own funds. The down payment subsidies will be secured as an interest-free loan for 10 years, after which the loan will be forgiven. The program also offers a $1,500 closing cost grant to assist the participant with closing fees.
Funds for this program are typically available for a limited time each year.
Click (here) for eligibility guidelines and (here) for additional information. Call the NWNEPA office at (570) 558-2490 to check on program funding availability.
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