Town Of Babylon Offering Down Payment Assistance For Veterans Buying Homes
BABYLON, NY (WCBS 880) – Military men and women who are returning from Iraq or Afghanistan and want to live in the town of Babylon can now apply for the down payment assistance.
Veteran Chris Delaney told WCBS 880's Sophia Hall, the town gives eligible vets $10,000 and as long as they stay in the home for five years, the money does not have to be paid back.
WCBS 880's Sophia Hall reports: Babylon Helping Veterans Achieve The American Dream
Podcast
"It's going to help the economy. A veteran is a proven producer in a community, so it's not wasted money," said Delaney.
The money can be used for a down payment or closing costs. To apply, you must live in the Town of Babylon.
What do you think of this new program? Sound off below in our comments section.
