Bond Program For Home Buying May 2026

: If you sell the home within a few years and have a significant gain in income, you might owe a federal "recapture tax".

Unlike traditional mortgage loans from commercial banks, bond programs use public financing to offer unique benefits to borrowers. bond program for home buying

Some DPA is offered as a (e.g., forgiven after 5-10 years of residency). : If you sell the home within a

: Borrowers may receive a federal income tax credit for a portion of the mortgage interest they pay annually, providing long-term tax relief . 3. Eligibility Requirements bond program for home buying