January 23, 2018

First Time Homebuying Tax Credits

I get pretty regular questions about tax credits for first time homebuyers.  While the City of Golden doesn’t sponsor any tax credits of our own, there is at least one other program that might be particularly helpful.  The program, administered by the Colorado Housing Assistance Corporation, doubles the amount of first time homebuyer mortgage assistance you can otherwise get in Jefferson County.  Funding comes through the Community Development Block Grant program, and I believe the maximum income for this program is 80% of Area Median Income (based on household size).  You should be able to find out more directly from Colorado Housing Assistance Corporation.