Help For First Time Home Buyers In Wilmington Delaware
By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
First Start Home Buyer Program is part of neighborhood revitalization initiatives Wilmington is providing help residents with a down payment on a property.Wilmington Mayor Mike Purzycki stated in a news release earlier in November that residents who meet the income requirements can receive up to $15,000 to assist in the purchase of a home.The New Homebuyer Assistance Program was accepted earlier this year as a part of the 2024 budget. First Start Homebuyer ProgramThe program is designed to help first-time homebuyers, those who haven't owned a property in the previous three years, as well as displaced homemakers and single parents, with closing costs, down payments, or lowering the cost of a property purchase.Up to $15,000, or 6% of the purchase price of the property, may be awarded to...
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