Progressive launches program to help first-generation homebuyers
Briefly

Progressive's Open the House initiative is dedicated to aiding individuals and families in achieving financial security and homeownership, particularly focusing on first-generation buyers. With a commitment of over $7 million in 2024, the initiative includes The UpPayment program, offering $13,500 grants for up to 100 homebuyers. Additional features like the Open the House Tour and educational videos aim to equip aspiring buyers with vital knowledge. The initiative addresses barriers to homeownership such as affordability and inaccessibility of financial resources, empowering communities and families for a stable future.
By providing access, education, and financial support, we aim to help individuals and families build lasting financial security.
The UpPayment program provides $13,500 grants toward a home purchase for up to 100 qualified first-generation homebuyers.
Through strategic collaborations and tailored resources, our mission is to advance progress in the home by strengthening families and communities.
In 2024, Progressive committed more than $7 million to support families on their path to homeownership.
Read at www.housingwire.com
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