EconomicUnited States·30 Oct 2026
Philadelphia Plans City-Subsidized Mortgage Program for First-Time Homebuyers
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The Philadelphia government prepared to launch the 'One Philly Mortgage' program, a city-subsidized initiative under Mayor Cherelle Parker's H.O.M.E. housing plan that offers first-time homebuyers 30-year fixed-rate loans with 3% down payments and no private mortgage insurance. The $25 million program, which aims to assist buyers earning up to 120% of the…
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