City of Suisun First Time Home Buyer’s Assistance Program

by Scott Schang on February 26, 2009

First-time Homebuyer Program

The Suisun City Redevelopment Agency is proud to offer its First-time Homebuyer Program to help bolster the quality of the City’s neighborhoods while providing affordable home-ownership opportunities for those entering the real estate market for the first time.

The Redevelopment Agency decided to pursue this program to

* Help return foreclosed single family homes to owner-occupied use;
* Fight blight before it can become entrenched due to foreclosure-related vacancies; and
* Provide an affordable way for first-time buyers to become homeowners.

PROGRAM BASICS

* Loans are available for the purchase of any foreclosed, residential property within the Redevelopment Area, which includes most neighbors in Suisun City.
* Down payment assistance of up to 25% of the home’s purchase price (including closing costs).
* 3% min. homebuyer down payment required.
* The Redevelopment Agency has a list of homes recently renovated by a private contractor that are eligible for downpayment assistance of up to 35% of the home’s purchase price (including closing costs)

CALL FOR DETAILS

Because everyone’s circumstances are unique, more details are available by phone or e-mail only.

Please call Vivien Chua Togonon at 707-421-7312

NEIGHBORHOOD REINVESTMENT PROGRAM

Homebuyers who qualify for the First-Time Homebuyer Program also qualify for the Neighborhood Reinvestment Program, which provides matching grants for a wide range of curb appeal upgrades.

To view the City of Suisun’s website,please CLICK HERE

Related posts:

  1. City of San Dimas First Time Home Buyer’s Assistance Program
  2. City of Poway First Time Home Buyer’s Assistance
  3. City of Placer First Time Home Buyer’s Assistance Program

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