House Concord Program
House Concord down payment assistance program
House Concord down payment assistance program is offered by the City of Concord’s Business and Neighborhood Services Division. The division receives HOME Investment Partnership Funds, allocated annually through the Department of Housing and Urban Development (HUD) for homebuyer activities, including down payment assistance. You have to be a first time home buyer to qualify for this program.
With House Concord down payment assistance program, you can receive a 5-year forgivable loan of up to $5,000 to apply towards your down payment, pre-paids, or closing costs when buying a home within Concord’s city limits.
Applicants of House Concord down payment assistance program must be first-time home buyers and have annual incomes that do not exceed 80% of the median income for the Concord area .