MaineHousing (Maine State Housing Authority)


	Gift of Green Promotion Summary
	Gift of Green FAQs
	Promotion Highlights
	Sample Energy Audit Coupon
	First Home Program
	Operation New Home Program
	Current Interest Rates
	Participating Lenders

$3,000 toward your first home - available to homebuyers who choose
MaineHousing's zero point mortgage.

If you haven’t owned your own home in the past 3 years, you may qualify for MaineHousing’s Gift of Green:

A $2,500 grant to help with the cash needed for closing, such as any required down payment, closing costs, and prepaids.
A coupon worth up to $500 for a 2-part home energy audit.

The Gift of Green really is a gift - it will not be added to the loan amount and it never has to be paid back.

Because the Gift of Green promotion is part of MaineHousing’s mortgage program, you also may be able to use the Purchase Plus Improvement Option to fund home energy improvements as part of your mortgage.

MaineHousing mortgages even come with payment protection for unemployment.

Total financial incentives of up to $12,500

Add the Gift of Green grant and coupon (currently worth $3,000) to the federal First-Time Homebuyer Tax Credit worth up to $8,000. This, in turn, lets you invest in home energy-efficiency improvements that may qualify for additional federal tax credits worth up to $1,500. The combination of financial incentives through the Gift of Green and federal tax credits could add up to $12,500 and a once in a lifetime opportunity.