Average house prices in Western Pennsylvania continue to be near all-time record highs. Wouldn’t it be nice if first-time homebuyers could get some help?
Through the First Front Door (FFD) program, funded by the Federal Home Loan Bank of Pittsburgh, they can. Qualified homebuyers receive up to $5,000 in assistance toward down-payments and closing costs. Funds are available on a first-come, first-served basis.
Under FFD, qualified homebuyers can receive a 3-to-1 matching contribution from a participating lender. That means that for every $1 the homebuyer contributes, they can receive $3 in grant assistance, up to a maximum of $5,000.
Qualified first-time homebuyers can use FFD grants toward closing costs and down-payment assistance on eligible properties that are intended as the primary residence of the homebuyer at the time of program enrollment.
Eligible homes include single-family homes, townhomes, condominiums and modular units. Manufactured homes may be eligible if they are permanently affixed to a site. Investment properties are not eligible for FFD assistance.
Homebuyers may be eligible for First Front Door if they:
Approved housing counseling is offered through Mon Valley Initiative. To sign up—and receive help applying for the First Front Door program—contact Jonathan Weaver at 412-464-4000, ext. 4008 or 724-565-8040, ext. 1; or email firstname.lastname@example.org.