A thousand bucks to be a Philly homeowner | Real Estate Newsletter

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A thousand bucks to be a Philly homeowner | Real Estate Newsletter
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The Pennsylvania Housing Finance Agency's Revitalizing Neighborhoods and Increasing Homeownership program is helping Philly home buyers. And here's who the average millionaire homeowner is.

That might sound too good to be true, but a state agency’s pilot program is helping first-time home buyers both purchase properties and pay off student loans that have kept them renting.the home of grandparents who live in their daughter’s backyard,

This program is unusual in a few ways. Individuals can make up to $196,200. People without credit scores can still qualify. And excess grant money can go toward paying student loans. The number of millionaire homeowner households nationwide quadrupled between 2017 and 2022, according to Point2.

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