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.
