City of Peoria Press Release
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City Aims to Boost First-Time Homebuyers Eyeing Foreclosures
7/9/2008
Eligible first-time
homebuyers looking to purchase a foreclosed Peoria house can get up to $5,000 in
additional down payment assistance. Peoria’s Neighborhood Services Division
manages the Down Payment Assistance Program, which historically grants $10,000
to low-income first-time homebuyers. This year, the city is granting the
additional dollars to applicants purchasing a foreclosed house, giving them a
total of $15,000 for a down payment. Interested applicants can get more
information by calling 623-773-7250 or visiting
www.peoriaaz.gov/Neighborhood/Neighborhood_Social_Services.asp and selecting
“Home Ownership Programs.”
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