Politics & Government
Up To $100,000 Offered For Qualified First-Time Homebuyers In Menifee
The money can be used for down payments and closing costs.
MENIFEE, CA — If Menifee seems like a great place to buy a first home but coming up with a down payment is a barrier, the city has a program that offers up to $100,000 in assistance for qualified applicants.
To help interested buyers learn more, the city of Menifee’s Community Development Department is hosting a free workshop from 9-11 a.m. Saturday, February 24, at City Hall (29844 Haun Road) to discuss the "First Time Homebuyer Assistance Program." Attendees will learn about the home-buying process and details of applying for the program.
The First Time Homebuyer Program is designed to assist lower-income individuals with down payments or closing costs on a first home.
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Under the program, the maximum sales price for a single-family residence is $551,000, $494,000 for a townhome/condominium, and $322,500 for a new manufactured home on a permanent foundation. See applicant income limits here.
Menifee's program was made possible by the state's Building Homes and Jobs Act, which was passed in 2017 and provides annual funds to the city from California’s Permanent Local Housing Allocation. The law established a $75 recording fee on all real estate documents to fund the program, which provides funds to increase affordable housing stock across the state.
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“The First Time Homebuyer Assistance Program is a great way for those who have dreamed of home ownership to realize that dream right here in Menifee,” said Community Development Director Cheryl Kitzerow. “The workshop on February 24 will help attendees navigate the nuances of the program and offer support on the application process.”
The city's First Time Homebuyer Assistance Program is administered by the Neighborhood Partnership Housing Services. Application details can be found on the NPHS website.
To RSVP for the February 24 workshop in Menifee, follow this link: https://www.eventbrite.com/e/city-of-menifee-first-time-homebuyer-assistance-program-info-session-tickets-803321114077?aff=oddtdtcreator
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