48 first-time homeowners given housing grants - KUAM.com-KUAM News: On Air. Online. On Demand.

48 first-time homeowners given housing grants

Posted: Updated:
 by Ken Quintanilla

Guam - Four dozen families are now a step closer to achieving the Guamanian Dream of owning a home. Today Governor Eddie Calvo issued grant certificates to 48 first-time homeowners at a ceremony in Adelup. The average for each grant is about $7,000 and made possible through the Guam Housing Corporation's First Time Homeowners Assistance Program. Since it's inception a few years ago, 283 grant certificates have been issued totaling over $2 million. The program meanwhile has already generated $43 million worth in mortgage activity. For first time homeowners interested in the grant, visit guamhousing.org.
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