First-time Homebuyers Program
- This program is for eligible individuals who seek to purchase a home within the Borough of State College and involves pre-determination of loan eligibility, assistance with credit issues or credit reports, budget counseling, and a homebuyer education class.
- Eligible persons are those who earn between 60 and 80 of area median income (AMI). In 2009, income limits are as follows, based on family size:
LOW/MODERATE INCOME
Family Size
1 |
2 |
3 |
4 |
5 |
$36,850 |
$42,100 |
$47,400 |
$52,650 |
$56,850 |
SALE Pending: as of July 2010
1511 South Allen St.
- Three bedroom, two bathroom house in a quiet neighborhood near schools, shops, and a neighborhood park
- Kitchen includes refrigerator, stove and dishwasher
-Mortgage assistance of up to $50,000 plus closing cost assistance available to qualified buyers.
Call Ron Quinn @ 237-4863 for more information about additional homes we may have for sale..