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>>

  • 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 >>
  • Wicomico County Schools Issue Heat Advisory

    Wicomico County Schools Issue Heat Advisory

    Tuesday, September 2 2014 12:09 AM EDT2014-09-02 04:09:55 GMT
    WICOMICO CO., Md. - With the predicted return of hot weather this week, Wicomico County Public Schools are reminding Wicomico school families of theMore >>
    WICOMICO CO., Md. - With the predicted return of hot weather this week, Wicomico County Public Schools are reminding Wicomico school families of the excused absence option for students attending schoolsMore >>
  • Head-On Car Crash Kills 3 In Accomack

    Head-On Car Crash Kills 3 In Accomack

    Saturday, August 30 2014 11:39 PM EDT2014-08-31 03:39:26 GMT
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
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.