The board’s unanimous approval will make $500,000 in Moderate Income Purchase Assistance Program (MIPAP) funds available to seven or eight first-time homebuyers who qualify. The loans will be made available to residents at Buckingham Village 3, and other Buckingham neighborhood families, to help with down payments and closing costs on homes.
County Board Chair Mary Hynes explained that there has been a plan in place to help Buckingham residents who had been displaced by development.