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The Youngstown Neighborhood Development Corporation (YNDC) offers a homeownership training and incentive program to increase the number of successful and healthy homeowners. The program is strategically focused on the Idora, Crandall Park North, and Lincoln Park Neighborhoods to make a visible impact and strengthen the neighborhood homeownership markets as part of broader neighborhood revitalization efforts.
How the Program Works
The YNDC Healthy Homeownership program provides prospective homebuyers with homeownership training and financial assistance of up to $10,000. The program offers two distinct components:
Focus Neighborhood Downpayment Assistance
- Everyone is eligible to apply
- NO maximum income limit
- Must purchase a home in one of the three focus neighborhoods; Idora, Crandall Park North, or Lincoln Park
- Purchased home must serve as primary dwelling for a minimum of three years
- Downpayment assistance grant of up to $5,000
Purchase of YNDC Green Homes
- Energy-efficient homes renovated to green standards and sold by YNDC
- Household income must be at or below 50 percent of the area median income (approx. $27,000 for a four person household)
- Downpayment assistance of up to $10,000
- Buyers may also be eligible for the City of Youngstown Home Buyer Assistance Program.
Program Requirements
- Purchase a home in one of the three focus neighborhoods; Idora, Crandall Park North, or Lincoln Park
- Participate in free pre- and post-purchase homebuyer training
- Commit to occupy the home for a minimum of three years
- Ability to contribute a minimum of three percent of the purchase price from
personal assets - Commitment to participate in neighborhood revitalization
Focus Neighborhoods
Why Youngstown?
With the YNDC Healthy Homeownership Program, you can realize your dream of homeownership in a city that offers residents educational opportunities, restaurants, entertainment and recreational activities. Through the program, participants will have access to:
- Affordable quality housing with historic and unique architecture
- Ability to live where you work
- Urban Amenities: Mill Creek Park, vibrant downtown district, YSU, hospitals, cultural institutions
- Receive financial assistance of up to $10,000
Testimonials
- “The neighborhood is great – the neighbors here are so friendly and it’s easy to get to know people. YNDC’s Healthy Homeownership Program is the most wonderful thing in the world. Everything they said would happen did -- the check even arrived early! Youngstown offers the best bang for your buck in the surrounding area, and in the past three days the neighborhood has met or beat all of my expectations.” Art Como, Idora (Moved from California)
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201 E. Commerce St., Suite 140, Youngstown OH 44503