Mayor's Update

Mayor’s Update – August 14, 2014

Down Payment Assistance Grants for Tucson, South Tucson Homebuyers
With representatives of NeighborWorks America, Primavera Foundation and Wells Fargo, announcing the program.
With representatives of NeighborWorks America, Primavera Foundation and Wells Fargo, announcing the program

On Monday, it was my pleasure to announce a program providing $4.5 million in $15,000 down payment assistance grants and program support to qualifying homebuyers in Tucson and South Tucson – plus an additional $500,000 to support local initiatives.

 

To qualify for the NeighborhoodLIFT program’s $15,000 down payment assistance grant, homebuyers must have a household income no more than 120% of the area’s median income, adjusted for household size. In Tucson, for a family of four, that number is $68,400. Read more on the program, and income limits for different household sizes, here.

 

This is a one-time program, so I very much encourage Tucsonans who meet the income qualifications to register for the September 5th and 6th Homebuyer Event and find out if this program can help you buy a home. If you go, it’s highly recommended that you bring certain documents with you.

 

For those who do not qualify for this program, assistance may still be available. The City of Tucson Housing and Community Development Department will have representatives on hand to discuss other homeowner and renter assistance programs.

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Mayor’s Initiatives

Mayor’s Initiatives

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