6 days ago
Thrive West Central now offering assistance to new home buyers
TERRE HAUTE, Ind. (WTWO/WAWV) — Thrive West Central will now be supplying new home buyers with down payment assistance and affordable mortgage options through its Hoosier Homes program.
The announcement was made Thursday during a press conference featuring Terre Haute City and Vigo County officials.
Thrive West Central said this is all made possible by a partnership with Club 720, a digital platform that helps assist you during the home buying process.
Thrive West Central Director of Housing, Julie Hart, said this new program is a way to build the community by supplying affordable housing.
'If you have a home available, people will come, and that's what we haven't had. So what we're doing, and our ultimate goal, is to increase our population. If we can take a parcel, put a home on it, increase that tax base and bring in that population, we are elevating our community, and basically that is our ultimate goal,' said Hart.
The program will provide eligible home buyers in Vigo County up to 5% in down payment assistance and up to 5% for home buyers in Clay, Montgomery, Parke, Putnam, Sullivan and Vermillion County.
Vigo County Commissioner Mark Clinkenbeard said financially helping new homeowners will benefit the entire community.
'At first, it was about building homes, and we are still doing that, but now it's about making that home purchase easier for those that may struggle with a down payment, things like that,' said Clinkenbeard.
For more information about the Hoosier Homes program, you can do so here.
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