See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated May 8, 2026
Homebuyer Programs in Pueblo, CO (2026)
Pueblo is the ninth-largest city in Colorado and the largest city south of Colorado Springs, sitting at the confluence of the Arkansas River and Fountain Creek. With a median home price near $290,000 — about half the Denver metro median — Pueblo is one of the most affordable major housing markets in Colorado. The city's program ecosystem is distinct from the Denver metro: most metro Denver programs (metroDPA, NeighborhoodLIFT, Habitat Metro Denver) do not extend here. Instead, Pueblo buyers work with NeighborWorks Southern Colorado, the Pueblo-based CDFI and HUD-approved counseling agency that administers down payment assistance funded by a mix of state, federal, and private sources. Pueblo County offers up to $5,000 in forgivable down payment assistance for first-time buyers purchasing within the city or county, and the City of Pueblo's separate HDAP program (currently closed to new applications) historically provided similar amounts. Statewide, the CHFA Down Payment Assistance Grant adds up to $25,000 that never has to be repaid. Habitat for Humanity of Pueblo builds affordable homes locally with a sweat-equity ownership model. With the lower price point, even modest assistance goes further: $25,000 in CHFA grants alone can cover a 5-10% down payment on a typical Pueblo home.
City Programs in Pueblo
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| City of Pueblo Home Down Payment Assistance Program (HDAP) | Forgivable Loan | Up to $5,000 | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $5,000
- First-time only:
- Yes
County Programs in Pueblo County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Pueblo County Down Payment Assistance Program | Forgivable Loan | Up to $5,000 | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $5,000
- First-time only:
- Yes
State Programs in Colorado
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| CHAC Down Payment Assistance Program | Deferred Loan | Low-interest, flexible second mortgage for down payment and closing costs | Yes | View → |
| CHFA Down Payment Assistance Grant | Grant | Up to lesser of $25,000 or 3% of first mortgage | No | View → |
| CHFA Down Payment Assistance Second Mortgage Loan | Deferred Loan | Up to lesser of $25,000 or 4% of first mortgage | No | View → |
| CHFA FirstGeneration | Deferred Loan | Up to $25,000 in deferred down payment assistance, paired with 30-year fixed first mortgage | Yes | View → |
| CHFA FirstStep | Government-Insured Mortgage | 30-year fixed-rate FHA first mortgage | Yes | View → |
| CHFA HomeAccess | Zero-Interest Loan | 30-year fixed first mortgage plus optional $25,000 second mortgage for down payment and closing costs | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Low-interest, flexible second mortgage for down payment and closing costs
- First-time only:
- Yes
- Type:
- Grant
- Amount:
- Up to lesser of $25,000 or 3% of first mortgage
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to lesser of $25,000 or 4% of first mortgage
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $25,000 in deferred down payment assistance, paired with 30-year fixed first mortgage
- First-time only:
- Yes
- Type:
- Government-Insured Mortgage
- Amount:
- 30-year fixed-rate FHA first mortgage
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- 30-year fixed first mortgage plus optional $25,000 second mortgage for down payment and closing costs
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Habitat for Humanity of Pueblo Homeownership Program | Zero-Interest Loan | Affordable Habitat mortgage with sweat-equity ownership model | Yes | View → |
| NeighborWorks Southern Colorado Down Payment Assistance | Deferred Loan | Down payment assistance amount varies based on funding source and borrower qualifications | No | View → |
- Type:
- Zero-Interest Loan
- Amount:
- Affordable Habitat mortgage with sweat-equity ownership model
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Down payment assistance amount varies based on funding source and borrower qualifications
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. Most Pueblo programs require first-time buyer status (no homeownership in the past 3 years) and household income at or below 80% of Pueblo County AMI. CHFA programs allow higher income limits — check current thresholds for your household size.
Step 2: Complete homebuyer education. NeighborWorks Southern Colorado at 719-544-8078 is the primary HUD-approved housing counseling agency in Pueblo, offering free homebuyer education classes and one-on-one counseling in English and Spanish.
Step 3: Get pre-approved with a CHFA-participating lender. Local Pueblo lenders including Sunflower Bank can connect you with CHFA programs and the Down Payment Resource tool to identify all programs you qualify for.
Step 4: Apply for local DPA. Contact Pueblo County Human Services for the County DPA Program ($5,000 forgivable). NeighborWorks Southern Colorado can help you stack their DPA with state and federal programs.
Step 5: Find a home within program limits. With the lower median home price in Pueblo, most homes fall well within program purchase price limits. Confirm property eligibility before going under contract.
Step 6: Submit your application. Funding is first-come, first-served and several programs cycle through funding annually. The City of Pueblo HDAP is currently closed but may reopen — check with the City for current status.
Step 7: Close on your home. Most DPA programs deliver funds at closing through your title company. Plan for 45-60 days from contract to close when stacking multiple assistance programs.