What is the First Homeowners Grant and Concession?

What is the First Homeowners Grant and Concession?

What is the First Homeowner Grant (FHOG)?   The First Homeowner Grant (FHOG) is a one-time payment aimed at incentivizing and supporting first-time homebuyers in their pursuit of buying or building a new house as their primary residence. This grant typically amounts to $10,000, or the lesser of the purchase price or construction cost of the dwelling. Each eligible transaction […]