Where do you find housing grants and....?
Can those grants be used for first time buyers to purchase a multi family home like a duplex or triplex? Can a grant help a first time buyer with low income and great credit move in a decent home? What about down payment assistance programs?
Google.
Housing grants or down payment help is very local.
There are some state level, town/city level or county level type programs. You have to search for them.
Some of the programs do allow for 1-4 family purchases as long as you plan to live in one of the units for a certain amount of time. NACA is one of those programs.
Google "Alabama housing grants" and you'll get results.
Originally posted by @Christopher Phillips:
Google.
Housing grants or down payment help is very local.
There are some state level, town/city level or county level type programs. You have to search for them.
Some of the programs do allow for 1-4 family purchases as long as you plan to live in one of the units for a certain amount of time. NACA is one of those programs.
Google "Alabama housing grants" and you'll get results.
Thanks. I will check that out.
Good advice from @Christopher Phillips, Google would be a great start. Some lenders are now offering programs with assistance too. It also wouldn't hurt to check with a realtor local to the area you're looking to purchase in, as grants can be city and county specific. The terms of the grant will vary as far as the amounts, the do's and don't, and sometimes even the area of the city that the grants qualifies for.