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City of Gastonia Homeownership Individual Development Accounts
City of Gastonia Community Development Division
http://www.cityofgastonia.com/dept/neighbor_resc/commdev/commdev.cfm

Program Overview


City of Gastonia Homeownership Individual Development Accounts is a program that matches savings for homebuying expenses. The buyer must purchase a home within the city limits of Gastonia.


Who is eligible for this program?


Participants must be able to save at least $50 per month, and must be residents of Gaston County. Participation is limited to low income families.

Household Income Limit: $ 69140
Is this program for first time buyers only? No


Property Eligibility Requirements


The focus of the program is on property in the West Highland, East Highland, Crescent Lane, Mountain View, or LInwood Terrace areas.


Benefit Details


Savings are matched in a ratio of 4:1, up to a maximum of $4,000.

Benefit: Individual development account matching grant.
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member.



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