Bond Program For Home Buying May 2026

: Borrowers may receive a federal income tax credit for a portion of the mortgage interest they pay annually, providing long-term tax relief . 3. Eligibility Requirements

, for instance, provides up to $10,000 as a 0% interest, deferred loan that isn't paid back until the home is sold or refinanced. bond program for home buying

: You must use the home as your primary residence ; moving out or renting it can trigger immediate repayment of assistance loans. : Borrowers may receive a federal income tax