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As a response to the elimination of several first time homebuyer grants for residents in the Philadelphia area, PhillySEEDS created the Homeownership Closing Cost Assistance program to help residents purchase their first home. This program offers a dollar-to-dollar match of residents’ savings to be applied toward their home’s closing costs. The maximum match amount is $2,000.
Since the program began in 2014, it has helped over 100 residents realize their dreams of homeownership.
Click here to learn more about the Homeownership Closing Cost Assistance program.
I received a flyer in the mail about an informational seminar in which I attended and heard about the PhillySEEDS program. I was already in the process of becoming a homeowner and this information came right on time. After applying, I met with staff there and was assigned to a worker. Ms. Cheryle Smalls was truly pleasant to work with and was genuinely invested in me becoming successful and meeting my goal. I received $2,000 in assistance towards the closing costs on my home. I am truly grateful to Ms. Smalls and the PhillySEEDS program for their tremendous help with me becoming a homeowner.
– William Harding