New Program To Help Low and Medium-Income Families Buy New Home - KLTV.com - Tyler, Longview, Jacksonville |ETX News

04/24/03 - Tyler

New Program To Help Low and Medium-Income Families Buy New Home

For so many families in East Texas, it is a dream: owning a new home. But for some who thought they'd never have the chance, a new program could make that wish come true.

Groundbreaking was Thursday afternoon for the first home through a new program in Tyler. The city will get the land from Smith County, build new homes, and sell them to low and medium income families. Priority will be given to familes currently getting rental assistance through the federal government.

By applying those rental funds to mortgage payments, families will be able to pay for their own home... instead of spending a lifetime as a renter.

"People who have been renting -- that are on governmental assistance -- it gives them the opportunity to own their own home.  I think it brings the pride that once was in this community, back," says Tyler City Councilman Derrick Choice. 

The first home is on Grand Street in North Tyler. It's hoped the new homes will bring more economic activity to the area.

For more information call the Neighborhood Services Office at 903-531-1303.

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