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News stories tagged with "homeownership-assistance"

Funding for the North Country Direct Homeownership Assistance Program comes from the Dept. of Housing and Urban Development. Photo: <a href="http://commons.wikimedia.org/wiki/File:US-DeptOfHUD-Seal.svg">U.S. Government</a>, Creative Commons, some rights reserved
Funding for the North Country Direct Homeownership Assistance Program comes from the Dept. of Housing and Urban Development. Photo: U.S. Government, Creative Commons, some rights reserved

North Country counties to turn more people into homeowners

One of the most expensive parts of buying a new home is the down payment. That can be especially tricky for low income families, who may have never bought a house before, and therefore don't have a great credit score. When buyers don't have good credit, the down payment is especially high - sometimes as high as 20 percent.

Thanks to a new kind of collaboration among seven north country counties, a couple dozen low income families will soon have an easier time with that down payment.  Go to full article

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