Wilmington New Homebuyer Program
During the late summer of 2019, The Wilmington Neighborhood Conservancy Land Bank launched its new Homesteader program.
This program offers a select group of Land Bank owned properties to home-buyers who commit to renovating a home and using it for personal use for a period of at least five years. Interested buyers will be required to personally finance the renovations and to bring the properties back to livable conditions per City Code.
Qualified buyers may be able to purchase these homes for as little as $1.
Properties are now being identified and basic renovation budgets will be prepared in advance. The program will include a group of pre-qualified, 203-K certified contractors who will be available to work with the approved home buyers. In addition, financing opportunities with approved lenders will be offered.
Please email the Land Bank at firstname.lastname@example.org