City of Williamsport: Home Buyer Program

City of WilliamsportThe City of Williamsport provides home-buyer assistance to assist income-eligible families in becoming homeowners. Eligible homebuyers may obtain up to 20% of the purchase price as a 0% interest, deferred repayment loan.

The guidelines listed below must be followed.

The home must be located in the City of Williamsport.

  • The City of Williamsport offers assistance to income-eligible families to help them become homeowners.
  • Eligible homebuyers can receive a 0% interest, deferred repayment loan for up to 20% of the purchase price.
  • To qualify, the home must be located within the City of Williamsport.
  • Credit status and household income are important factors that are verified during the application process.
  • All applicants must meet the income requirements set by HUD.
  • The purchased property must be the primary residence of the buyer and remain as such for the duration of the loan.
  • Standard banking and credit inquiries are conducted as part of the City's application process.
  • The applicant is required to contribute at least 4% of the purchase price towards the project.
  • City funding cannot exceed 20% of the purchase price.
  • Prospective homebuyers must secure primary financing from a bank or other lending institution.
  • The home must pass a city occupancy inspection and be a single-family unit.

To apply for the Homebuyer GAP Assistance program complete the Homebuyer Assistance Form, or contact the Community & Economic Development Office at (570) 327-7513

Image:  From Wikimedia Commons, the free media repository

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