Pike County First Time Homebuyer Program

Pike County First Time Homebuyer Program is a deferred second loan for homebuyers in Pike County, Pennsylvania, administered by Pike County Office of Human Services (with NeighborWorks Northeastern PA providing education/evaluation). Launched in 2024, the Pike County First Time Homebuyer Program helps income-eligible first-time buyers overcome the upfront cost barrier to owner-occupied homeownership within Pike County. Funded by federal CDBG through PA DCED and run by Pike County Human Services with NeighborWorks Northeastern PA providing required homebuyer education, the program pays up to half of a buyer's down payment plus opening/closing costs on a first-come, first-served basis subject to fund availability. Pays up to 50% of down payment + closing costs. Required NeighborWorks homebuyer education. County-wide Pike County coverage. CDBG-funded deferred assistance. Funding comes from Federal CDBG (HUD) administered through the PA Department of Community & Economic Development to Pike County.

Pike County First Time Homebuyer Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Recapture conditions apply per federal CDBG rules (repayment/affordability period on sale within a set term). Exact terms set by HUD/County — confirm recapture/affordability period. The assistance is recorded in Subordinate (CDBG down payment assistance lien); exact position not published. position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Pike County First Time Homebuyer Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through NeighborWorks Northeastern PA (NWNEPA). Residency requirement: Owner-occupied home must be located within Pike County, PA. Citizenship or immigration status: U.S. citizenship/eligible-immigration requirement applies per CDBG program rules. Confirmed on official Pike County government site and NeighborWorks NEPA launch announcement. CDBG-funded; pays up to 50% of down payment + closing costs; FTHB, owner-occupied, Pike County property, HUD income limits, U.S. citizenship and recapture conditions apply; mandatory NWNEPA homebuyer education. STATUS NOTE: page indicates the program is temporarily PAUSED while previously-received applications are processed — still active/funded; re-verify intake status before publishing. GAPS: maximum dollar amount, full HUD income table by household size (posted only as image), max purchase price, recapture/affordability period, lien position, inspection requirement, min credit/DTI not published. Program Overview and Pre-Application Checklist PDFs exist on county site.

Pike County First Time Homebuyer Program limits household income to 80% of the area median income, which varies by county and household size. Low-to-modest income limits set by HUD (CDBG), provided in the county's 'Current AMI' table (published as an image). Full machine-readable per-household-size dollar table not extractable — confirm current Pike County HUD income limits via the posted AMI sheet / Human Services. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Pike County First Time Homebuyer Program caps the purchase price as follows: Maximum purchase price set per CDBG/County requirements (communicated to eligible applicants); specific figure not published. Eligible property types include Single Family.

Pike County First Time Homebuyer Program serves homebuyers purchasing in Pike County, Pennsylvania.

Applications for Pike County First Time Homebuyer Program go through Pike County Office of Human Services (with NeighborWorks Northeastern PA providing education/evaluation), which publishes the current terms and the application steps on its own site. Funds are reserved through First-come, first-served, contingent on availability of funds. NOTE: program temporarily paused (as of page capture) while previously-received applications are reviewed; still an active, funded program. Contact Robert Ruiz (570) 296-3434. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.