Next, Philly First Home. It offers home buying assistance grants to first time home buyers, reducing the principal and covers down payment and loan closing costs. You can earn up to 100% of the AMI and you can get grants for those closing costs and down payment assistance up to $10,000 or 6% of the home's purchase price. That's important. Next, the shallow rent program. That's property based. I've heard many city of Philadelphia employees say you're talking about home ownership. (12:43–12:58)
CLAIM
Asserts eligibility and grant details for Philly First Home.
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