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Centre County updates first-time homebuyer policy to expand flexibility; commissioners approve CDBG amendments and extensions
Summary
The board approved updates to the Centre County first-time homebuyer program to allow more flexibility around credit thresholds and expand potential assistance from $10,000 up to $15,000 in certain cases; staff also presented CDBG amendments extending Greg Township Community Center completion to October 2026.
Centre County commissioners on March 27 approved changes to the county’s first-time homebuyer policy designed to broaden eligibility and provide limited additional assistance for qualifying applicants.
Staff explained three primary changes: greater flexibility around credit-history thresholds (the county may consider applicants within 20 points of a benchmark if other evidence of financial stability exists); the…
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