What: city programs that rehabilitate and sell homes to low-to-moderate-income owner-occupant buyers and provide down payment assistance.
Where it stands: Described to the advisory committee on 2026-10-26: 123 Kit Drive nearing completion and 426 Myrtlewood Circle closing.
Next: Staff follow up with applicants; see the Neighborhood Improvement Services office.
Details
Applications are first come first served with required classes ($25 homebuyer education, $10 money management) and counseling; 10-year deferred loan with owner occupancy; minimum credit score about 600 (640 to 660 for state help); down payment help up to about $100,000 in the city.
Applications are first come first served with required classes ($25 homebuyer education, $10 money management) and counseling; 10-year deferred loan with owner occupancy; minimum credit score about 600 (640 to 660 for state help); down payment help up to about $100,000 in the city.