Owning a home is part of the American Dream. The Grants and Community Development team can assist those trying to achieve homeowner status with the application of CDBG funding. One of our primary goals is to help expand home ownership opportunities to our low and moderate income citizens.
Must be a first time home buyer
Home must be purchased within the city limits of Jonesboro
Home cannot be located within flood zone
Property must meet HUD Minimum Housing Quality Standards
Household must meet Federal Income Guidelines
Grant assistance for closing cost/down payment “out of pocket expense” of the buyer paid directly to the title company
Applicant must complete Homebuyer Education Course with HUD approved counseling service online or at the nearest agency (the nearest service currently available in Blytheville)