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    CityLIFT – New $20,000 Down Payment Assistance Program

    For a limited time, the CityLIFT program provides $20,000 in down payment assistance funds to eligible homebuyers who are purchasing a home within Washington, DC and Prince George’s County, MD.

    No repayment of these funds is required and it is forgiven over a five year period. More great news, these funds can also be combined with other down payment assistance programs, such as HPAP, EAHP, etc.

    You must Register and Attend the Grand Opening event to qualify!
    Where: DC Convention Center
    When: October 5 (10am-7pm) & October 6 (8am-5pm)

    What you must do BEFORE the event:
    Sign up for an appointment at www.MannaDC.org
    You will need to have a pre-approval letter form an approved lender 

    In order to be eligible for CityLIFT assistance, the homebuyer must:
    1. Be at or below 120% of the Area Median Income for the Washington, DC Metro Area
    2. Qualify for a first mortgage loan from an approved CityLIFT lender
    3. Attend an 8-hour homebuyer education course
    4. Purchase a home within the city limits of Washington, DC or Prince George’s County, MD
    5. Obtain a first mortgage loan from a CityLIFT approved lender
    6. Not own another home at the time of closing on the new home with CityLIFT assistance.

    Income Limits by Household   Size
    1 2 3 4 5 6 7 8
    $90,300 $103,200 $116,100 $129,000 $139,350 $149,650 $160,000 $170,300

    3 Responses to “CityLIFT – New $20,000 Down Payment Assistance Program”

    1. Denise Bragg Says:
      October 4th, 2012 at 11:42 am

      I would like to participate in the City lift program.

    2. kia Says:
      October 10th, 2012 at 5:37 pm

      Will this event happen again?

    3. Alex Says:
      October 11th, 2012 at 4:31 pm

      All CityLIFT funding was reserved at the October 5th and 6th event. Post-event funding will be available December 6, 2012. There will be no waiting list for the funds, but if you didn t make it to the event, you can contact Manna for an eligibility session mid-November. New applicants can call Manna at 202-832-1845 in mid-November (prior to mid-November new applicants should check the CityLIFT income guidelines, get a preapproval from a CityLIFT approved lender). Customers will be provided with detailed information about the program and will be scheduled for an eligibility session.

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