Akron Mayor Shammas Malik recently announced plans for a new down payment assistance program aimed at helping first time home buyers. The program would provide eligible buyers with up tp $7,500 to help cover down payments and closing costs. Applicants would need to meet certain income requirements and purchase a home with Akron city limits. The mayor said the program is meant to help families struggling with rising housing costs and high interest rates. The mayor said the city expects to launch the program this summer, though an exact date has not been set. He added he expects the application process to be online and easy for residents to compete.
Payment assistance for 1st time homebuyers
May 26, 2026 | 7:32 AM