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Holland Home Buyers Initiative Still has Funding Available

HOLLAND, MI (WHTC) -- The City of Holland is trying to help low and moderate income people with purchasing a home.  The initiative will provide a matching grant of 50 percent for reasonable closing costs and/or down payment assistance, up to $3000.  The program has been available since July and Holland city staffer Sue Harder says that there’s enough funding available to help a few more people.  There are a few things you’ll need to do before applying.  Applicants will need to be approved for a mortgage before applying for the grant.  You’ll need a copy of your credit report, a list of debts, a minimum of 50 percent of the closing costs and down payment expenses.  The home needs to be affordable for the buyer and will be inspected and must meet housing standards prior to closing.  For more information, go to cityofholland.com

Story by:  Diane E Coston