First Home Club
The First Home Club is an innovative group approach to homebuyer education that includes a built-in savings plan. Participants in the First Home Club receive ongoing counseling in groups comprised of five to 20 families. Clients participating in this program will also attend the three-part First Home Education Course described above, plus meet two-to-three more times as a group with CHI counselors. In addition, First Home Club participants will enroll in a matching savings program where they will earn $4 in grant monies from a participating Federal Home Loan member bank for every $1 they save over a 10-24 month period. At the end of the program, participants who have saved up to $1,875 will receive a grant of up to $7,500, for a total of $9,375 available for a down payment on a new home.
No longer accepting First Home Club applications.