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Concord Will Help First Home Buyers
Summary by Telemundo Area De La Bahía 48
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The city of Concord has a first-time housing buyer program called FTHB, which helps residents with up to $60,000 for the down payment. “It’s a loan, but people don’t have to make monthly payments for 15 years, they don’t have to pay any interest either,” said Eli Kaplan, city spokesman. After 15 years people will have to return the money plus a percentage on valorization of the house. In this way, people’s purchasing power is increased, many of …
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