$5,000 Home Buyers Grant

The Welcome Home program provides grants of up to $5,000 for qualified home buyers to use toward the down payment and/or closing costs of a new home. Grants are not limited to first-time home buyers, but funds are limited and reserved on a first come, first served basis.  contact our Welcome Home experts, Kathy Kendrick and Rob Hoffman, to reserve your grant today!

 

Family Size Annual Income Limits
Family of 1-2 $65,040
Family of 3+ $74,796

 

Details

 

  • NFSB has $200,000 of Welcome Home funds to distribute.
  • Military and honorably discharged veterans may qualify for up to $7,500 in grant funds.
  • First-time home buyers must complete a home buyer education program. 
  • Home buyers must contribute at least $500 of their own funds toward down payment.  
  • Reserved funds are not transferable.
  • Home buyers must remain in the home for 5 years or prorated repayment of the grant may be required.
  • One to four family properties used as the home buyer's primary residence are eligible for the program.

 

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