Grant Program to be eliminated

Back in 2014 the National Homebuyer Fund ( made buying a home with 0% down possible again by arranging down payment grants to qualifying buyers.  I wrote about the program HERE.

It was announced yesterday that this grant program would be suspended as of February 29, 2016.  Homebuyers utilizing the grant program can close after February 29, 2016 but reservations and locks must be received no later than that date.

It remains to be sen if another entity will come in ad fill this void.