Progressive launches initiative to support first-generation homebuyers with education and grants

Progressive Corporation announced the “Open the House” initiative to promote homeownership education and affordability for first-generation homebuyers. The UpPayment program offers a $13,500 grant to 100 qualified buyers. The company allocated over $7 million in 2024 to support families in homeownership. A tour and video series will educate prospective buyers.

Progressive will launch the “Open the House tour” with a mobile “home on wheels” at cultural events in 2025. The “Recipe for Homeownership” video series will feature financial wellness experts. “Home Appraisal Help” is an online resource to educate homeowners on the appraisal process. The company aims to assist in accurate home valuations.

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Read more at Yahoo Finance: Progressive Launches “Open the House” Initiative for First-Generation Buyers