Mount Vernon HOME Homebuyer Assistance Program

Administered by: City of Mount Vernon Urban Renewal Agency · City · Deferred Loan

Funding status: Active

How much assistance

Varies (down payment and closing cost assistance using federal HOME funds) (Deferred Loan)

Eligibility

  • Income limits: Must not exceed 80% of Area Median Income
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Geographic restrictions: Must purchase within the City of Mount Vernon.
  • Homebuyer education required: Yes

How to Apply for Mount Vernon HOME Homebuyer Assistance Program

Step 1: Contact the Mount Vernon Urban Renewal Agency, Department of Planning and Community Development. Applications are accepted on a rolling basis. Applicants must complete HUD-approved homebuyer education and qualify for a mortgage.

Visit program website

Notes

Funded through the federal HOME Investment Partnerships Program. Exact assistance amounts vary based on available funding and individual circumstances. Verify current availability and amounts with the Urban Renewal Agency.

Cities Where This Program Is Available