Many first-time homeowners get grants
Since the initiative started back in 2012, over $1 million has been issued in closing cost grants through the First Time Homeowners Assistance Program.
By KUAM Newsby Krystal Paco
Guam - Since the initiative started back in 2012, over $1 million has been issued in closing cost grants through the First Time Homeowners Assistance Program. And today, Governor Eddie Calvo along with the Guam Housing Corporation issued more grants to 31 families who are now a step closer to achieving the Guamanian dream of owning their own home.
"The Guamanian Dream is owning a piece of Guam and something about a place that is not just a rental, or a lease hold, a building, but someplace that is home 1859 home that is something you share with your loved one and your children and that's really what the Guamanian dream is all about in essence," he said.
A total of 155 grants have been issued in the past two years. For more information on the program, call Guam Housing Corporation at 647-4143 or visit their offices on the 5th Floor of the ITC Building.