Because both grants can be combined, eligible home buyers can receive up to $17,500 in aid toward their purchases.
Out of 2,000 adults surveyed who currently own a home or plan to own one in the future, 69% said the importance of homeownership has increased in the past year. The pandemic has also inspired prospective first-time buyers to seek more outdoor space, financial safety and security, as well as the opportunity to make their families proud, she said.Still, today's market shouldn't stop people who aspire to buy their first homes from preparing for that goal now, she said.
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