Offered through the Community Development Department, the HOMEbuyer Program gives a $5,000 grant to eligible low-to-moderate income homebuyers in Auburn or Lewiston. This amount can be put towards the down payment or closing.
This is a grant with a five-to-one match, which means that the applicant must have $1,000 to put towards the home purchase.
Applicants cannot already own residential property. Furthermore, the applicant’s cash assets cannot be more than $15,000.
The property to be purchased using this grant must be inspected.
Income limits apply.
Applicants may also be eligible for forgivable loans for up to $10,000.
Other programs in Maine:
- Advantage Down Payment and Closing Cost Assistance
- Pre-1976 Mobile Home Replacement Initiative
- Purchase Plus Improvement Program