I participated a down payment grant program from bank of america, and received a 1099-MISC from them. So is this Down Payment Grant program considered taxable income?

The program is that Eligible homebuyers can receive 3% of the purchase price for their primary residence (maximum $10,000), and BANK of AMERICA finally issued a 1099-MISC to me for this program funds. So my question is that is this Down Payment Grant program considered taxable income?