Federal Money Aides East Texas Homeowners - KLTV.com - Tyler, Longview, Jacksonville |ETX News

1/05/04 - Tyler

Federal Money Aides East Texas Homeowners

A new program in Tyler is helping more people buy their own home.

Here's how it works: The city, using federal dollars, will pay up to $2,000 of a first time home buyer's down payment or closing costs.

However, Jerry Floyd, Tyler's Housing Projects Coordinator, said only certain people qualify.

"We're looking for low income home buyers who lack the funds to qualify for closing costs on a traditional mortgage."

The homes must meet all city building requirements and must be valued at $88,000 dollars or less.

To find out if you qualify or to sign up, call Tyler's Neighborhood Services Department at 903-531-1303, or click on the link below for more information.

Http://www.cityoftyler.org/articleguid_f127f79d-7259-41f4-b33a-f3cfb7f34ec0/2a7d1914c7b5728876bcba18455887b5/default.html

Chris Gibson, reporting.

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