JEFFERSON PARISH, LOUISIANA
September 6, 2022
FOR IMMEDIATE RELEASE
JEFFERSON PARISH OPENS 2022 FIRST-TIME HOMEBUYER ASSISTANCE PROGRAM 2022
** The First-Time Homebuyer Assistance Program will open for qualified homebuyers on September 6th, all interested applicants should CLICK HERE and follow the 6 steps in order to participate in this program.
JEFFERSON, LA – Jefferson Parish is pleased to announce the opening of its 2022 First-Time Homebuyer Assistance Program, which is administered by the Jefferson Parish Department of Community Development in partnership with the Jefferson Parish Finance Authority. This program provides assistance to qualified homebuyers who are either purchasing a home for the first time or who have not owned a home for at least three years.
According to the Director of the Jefferson Parish Department of Community Development Nicole Fontenot, “Jefferson Parish is honored to provide affordable housing opportunities to its citizens. We encourage all who are interested and eligible for the First-Time Homebuyer Assistance Program to apply, and for interested lenders to participate in the training in order to help administer this program to eligible residents.”
The First-Time Homebuyer Assistance Program allows assistance of up to $50,000 per client in Jefferson Parish (including unincorporated Kenner) and up to $60,000 per client in the City of Kenner (excluding unincorporated Kenner); however, the level of funding assistance is based on an eligibility calculation. In order to be eligible for this program, an applicant must fall into the low-to-moderate income category based on income limits determined by HUD. New this year, the Department of Community Development is using the 81 – 120 percent annual moderate income limits, in addition to the 50 – 80 percent annual median income limits used previously. This means that those wishing to participate can now qualify for the program at an increased income level. The assistance is secured by a mortgage determined by the amount of money received. In order to participate, an applicant must attend two classes: a First-Time Homebuyer Training Class and a Financial Fitness Class.
This assistance is available for residents because the U.S. Department of Housing and Urban Development (HUD) has designated Jefferson Parish as a participating Jurisdiction for the HOME Program which helps fund the First-Time Homebuyer Assistance Program. The actual number of households that will be assisted is contingent upon the level of assistance received per client participating. For additional information about the program and how to participate, please visit the following link on the Jefferson Parish website: www.jeffparish.net/FTHAP.
For more information about Jefferson Parish, visit www.jeffparish.net. Residents can also receive regular updates by following the Parish on Facebook, Twitter and Instagram (@JeffParishGov) or by texting JPALERT or JPNOTICIAS to 888-777.
Jefferson Parish Public Information Office
1221 Elmwood Park Boulevard, Suite 1002
Jefferson, LA 70123
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Gretchen Hirt Gendron, PIO