The County of Maui is now accepting applications for its First-Time Home Buyers Down Payment Assistance Program.
The program was established to assist low- to above-moderate income first-time home buyers with down payment and/or closing cost assistance. The County’s Housing Division will administer the program. Applicants will be selected through a lottery drawing process.
Applications are available online. Those unable to access an online application may call 270-7351, or go into the Housing Division office at 2065 Main St., Suite 108, Wailuku, to request further assistance.
A credit pre-approval (not pre-qualification) letter from a mortgage lender that is authorized to do business in Hawaiʻi must be turned in with the completed application. The credit pre-approval letter must be for the applicants listed on the application. No application will be accepted without the pre-approval letter.
The completed application and credit pre-approval letter must be received by 4:30 p.m. Friday, Aug. 30, 2019.
The lottery drawing is scheduled for 9 a.m. Saturday, Sept. 7, 2019, at the Cameron Center auditorium located at 95 Mahalani St. in Wailuku.
All applications will be drawn during the lottery. The applicants of the first 66 cards drawn will be notified that they must complete and sign formal applications to submit with signed tax returns for the last three years, which must be returned within 10 calendar days of the date of the letter. Applicants also will be asked to complete a short survey to help the County collect data about housing needs. The remaining applicants will be alternates prioritized in the order that their names were drawn should any of the first 66 applicants fail to meet their obligations or grant qualification criteria or should additional funds be available.
Program assistance will be made available to eligible applicants in the form of a grant for eligible properties within the County of Maui.
The following are basic provisions of the First-Time Home Buyer’s Grant Program:
To qualify for a grant, the applicant must meet the following eligibility criteria:
For more information, contact Jessica Crouse of the Housing Division Administration office at 270-1741.