Cheektowaga has set aside another $60,000 in federal funds to satisfy the unexpected public interest in the town's first-time home buyers program.
Cheektowaga, hoping to expand home-ownership opportunities for low- to moderate-income families, started the first-time home buyers program in June 1996 using U.S. Department of Housing and Urban Development grant money.
The new town program offers first-time home buyers modest financial help -- $5,000 no-interest loans based on household income guidelines from HUD. A family of four, for example, is eligible if annual household income does not exceed $34,100.
The program has generated more interest than originally anticipated and Cheektowaga officials recently agreed to reallocate some federal money into the home-buyers program, said Jerome J. Gabryszak, Cheektowaga's community development director.