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, 2019
- Number of Homebuyers Assisted ..........191
- Grant Funds Distributed............$5,780,000
- Mortgage Dollars Leveraged.....$8,786,000
- Economic Impact......................$14,566,000