Neighbors of Watertown, Inc. Neighbors of Watertown, Inc. Neighbors of Watertown, Inc. The Housing & Redevelopment Store

First Time Home Buyer

The Neighbors Of Watertown's First Time Homebuyer Program provides financial assistance to families buying a home in Watertown and Jefferson County, NY. The home must be in substantially move-in condition. Neighbors uses several Local, Regional, State and Federal sources to fund this program. Rules, guidelines, eligibility, and grant amounts vary between sources.

 

The Neighbors First Time Homebuyer Program Helps with

  • Down-payment
  • Mortgage buy-down
  • Home Inspection
  • Eligibile improvements
  • In certain cases, even moderate rehabilitation

 

First Time Home Buyer grants awarded in the City of Watertown and Jefferson County through February 28, 2016

  • Number of Homebuyers Assisted ..........183
  • Grant Funds Distributed............$5,500,000
  • Mortgage Dollars Leveraged.....$8,300,000
  • Economic Impact......................$13,800,000