New Hope For Home Buyers - 47 ABC - Delmarva's Choice

New Hope For Home Buyers

Posted: Updated:

SALISBURY, Md. - Closing costs can be a major hurdle for anyone looking to buy a new home, but thanks to a new grant, that may no longer be a concern for some Salisbury residents.

The Salisbury Neighborhood Housing Services just received an $82,500 grant that will allow the non-profit to help residents across the city afford to buy their own home.

Cheryl Meadows, Executive Director of the Salisbury Neighborhood Housing Services says a lot of people "may be making enough money to make a mortgage payment and still have a dream of becoming a home owner, but they don't have the cash saved up that they would need for closing costs," and these costs can be 5-6% of the total purchase price of a home.

With the grant, the non-profit can give a maximum of $8,300 to eligible applicants.

To learn more about the grant, visit www.salisburynhs.org or call 410-543-4626.


  • Most Popular StoriesMost Popular StoriesMore>>

  • Delaware Woman Gets Prison Time For Embezzlement

    Delaware Woman Gets Prison Time For Embezzlement

    Thursday, July 31 2014 12:15 PM EDT2014-07-31 16:15:29 GMT
    WILMINGTON, Del. (AP) - A Delaware woman has been sentenced to a year in federal prison after pleading guilty to embezzling more than $350,000 from Discover Financial Services in New Castle.More >>
    WILMINGTON, Del. (AP) - A Delaware woman has been sentenced to a year in federal prison after pleading guilty to embezzling more than $350,000 from Discover Financial Services in New Castle.More >>
  • Homeless Sex Offenders

    Homeless Sex Offenders

    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
  • Trimper's Amusements in OC May Face Lawsuit

    Trimper's Amusements in OC May Face Lawsuit

    Wednesday, July 30 2014 10:20 PM EDT2014-07-31 02:20:59 GMT
    OCEAN CITY, Md. - Trimper's Amusements in Ocean City may be facing a $1 million dollar personal injury lawsuit. 47 ABC reported on Sunday that Daily Record of Baltimore announced the lawsuit, but theMore >>
    OCEAN CITY, Md. - Trimper's Amusements in Ocean City may be facing a $1 million dollar personal injury lawsuit.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.