Southold Town is considering a first-time homebuyer loan program to help local workers afford a down payment, but a shortage of homes priced at or below the proposed eligibility cap could limit how many buyers benefit. The proposal would provide eligible buyers with up to $135,000 toward homes costing no more than $750,000, using $1.4...

The post Southold homebuyer loan plan faces shortage of homes under $750K appeared first on The Suffolk Times.