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The Independent UK
The Independent UK
Business
Erin Keller

This US city is paying Americans up to $70k to become first-time homeowners

Brandon Johnson Chicago Homegrown
Chicago’s new HomeGrown program offers eligible homebuyers up to $70,000 for down payments and closing costs - (Getty)

Buying a home in Chicago could soon get a little easier for some first-time buyers.

The city is launching the new HomeGrown Purchase Assistance program that will offer eligible homebuyers up to $70,000 to help cover a down payment and closing costs, in an effort to make homeownership a reality as prices continue to climb, Mayor Brandon Johnson and the Chicago Department of Housing announced Monday.

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