Public Hearing Set for Homeowner Assistance Programs in Jefferson County | Newspaper
CHARLES TOWN – Two homeowner assistance programs will be put to a public hearing at the Jefferson County committee meeting this morning.
According to the meeting agenda, the committee is set to reflect on Jefferson County’s housing needs for the HOME investment partnership program. The program, which helps low-income individuals and families find affordable housing in Jefferson County, is typically aimed at new homeowners.
The other program to be discussed is the Eastern Panhandle HOME Consortium of West Virginia, and the hearing is for the commission to decide whether or not to participate from July 1 to June 30, 2022. This program offers eligible buyers Income a deferred loan with no interest for the down payment and closing costs. It also provides that the first mortgage payment does not exceed 30% of the monthly household income.
Among other things, the program offers zero-rate loans with no repayment if the buyer stays in the home, a limit of up to $ 14,500 for down payment and closing costs, and gap financing. To be qualified, a resident must be a first-time home buyer and the home must pass code inspection, among other qualifications.
Depending on the agenda, the committee will discuss and act on the resolutions once the public hearing is over.
A nomination for a term on the Jefferson County Zoning Appeals Board and an application to zoning the zoning map for a property designated as a tax district at Harpers Ferry are also expected at the meeting.
The meeting is scheduled to start at 9:30 a.m., and for more information on how to view it, visit www.jeffersoncountywv.org.