Truckee Offers First-Time Homebuyer Assistance

The First-Time Homebuyer’s Down Payment Assistance program was established to bring local residents and workers into the housing market as vested members of the community. It is structured in such a way that respects the free market, property ownership and value appreciation, along with a very reasonable repayment plan. Check it out, it’s a model template for giving folks “a hand up, not a hand out”, expanding the American Dream of homeownership, and ensuring that both the participant and the Town are made whole at the end of the day. A win-win!  Application packages, along with program participation guidelines are available in the Town Manager’s wing of Town Hall, and can also be found at www.townoftruckee.com under Departments, Affordable Housing.  The deadline to submit completed application is Thursday, September 8, 2011, no later than 5:00 pm.  The  completed application package must be submitted to the Program Operator, JoAnn Anders. She can be reached by phone at (530) 272-5395, or via e-mail at j.anders@att.net