State of CT and Webster Bank Partner Launch First Time Home Buyers Program

Lamont and Webster Bank announce program for first-time home buyers

Gov. Ned Lamont announced Wednesday a state partnership with Webster Bank that will provide down payment and closing costs assistance to low- and moderate-income first-time homebuyers who apply to Connecticut Housing Finance Authority’s First-Time Homebuyer program.

The “Time to Own” program, which launched last Monday, is being administered by CHFA on behalf of the Connecticut Department of Housing and is funded with $20 million that was allocated for home buyer assistance by the State Bond Commission in December.

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