The Binghamton Homeownership Academy currently has 3 grants available:
City of Binghamton AHC grant which provides up to $10,00 toward purchase and $20,000 toward rehabilitation costs.
City of Binghamton HOME grant provides deferred renovation loans ( no monthly payments/ no interest) to eligible owner-occupants of single unit homes. The maximum loan amount is $25,000.
City of Binghamton Affordable Housing Program provides first time buyers with deferred loans to assist with down payment and closing costs up to $10,000. After 5 years, the loan is forgiven in full if the buyer stays the occupant of the purchased property.
For more information on these grants please call 607-722-7240
Thinking of purchasing in Chenango County?
Quaranta Housing Servics now has a grant availible which provides $20,500 toward down payment and closing cost assistance.
Please call 607-336-2101 Ext 128 if you are interested in purchasing your first home in Chenango County!