City partnership with Umpqua Bank provides homebuyer program for low households

The City of Eureka announced today that they have partnered with Umpqua Bank to implement the City's Community Development Block Grant (or CDBG) funded Homebuyer Program.  This program will provide affordable homeownership to 8-12 low or moderate income households.  Low or moderate income is defined by CDBG as no more than 80% of the Humboldt County area median income, as established by HUD.  Homebuyers must purchase "modest" homes located within the city limits of Eureka.

The City maintains a long term commitment to the provision of housing for low or moderate income households, who might not otherwise be given an opportunity to purchase a home, as per the goals of the City's Housing Element.

For more information or a Pre-Screen application to be added to the City's existing waiting list, please call Melinda at the City of Eureka's Housing Division of the Building Department at 707-441-4214.