See programs you qualify for

Get Matched Free →

Homebuyer Programs in Metairie, LA (2026)

Last updated April 7, 2026 | Population: 139,000 | Median home price: $345,000 | Est. closing costs: $7,000 - $10,500

Skyline of Metairie, LA

Metairie is the largest community in Jefferson Parish and one of the most populated suburbs in the Greater New Orleans metro area, known for its excellent schools and convenient access to downtown New Orleans. With a median home price around $345,000, Metairie is one of the higher-priced markets in Louisiana, but buyers have access to substantial assistance programs. The Jefferson Parish First-Time Homebuyer Assistance Program offers up to $50,000 in forgivable loans funded by HUD, while the JPFA Southern Mortgage Assistance Program provides a grant of up to 4% of the loan amount. The JPFA Comfort of Home Program adds up to 4% as a forgivable second mortgage at 0% interest. At the state level, the LHC Resilience Soft Second and Pathways to Homeownership programs each offer up to $60,000 in forgivable assistance. By combining Jefferson Parish and state programs, Metairie buyers can potentially stack significant down payment and closing cost help even in this higher-priced market.

Top Homebuyer Programs in Metairie

Jefferson Parish First-Time Homebuyer Assistance Program
Type:
Forgivable Loan
Amount:
Up to $50,000 per client in Jefferson Parish; up to $60,000 per client in Kenner
First-time only:
Yes
JPFA Comfort of Home Program
Type:
Forgivable Loan
Amount:
Up to 4% down payment and closing cost assistance as a 0% interest forgivable second mortgage
First-time only:
No
JPFA Southern Mortgage Assistance Program
Type:
Grant
Amount:
Grant of 3% or 4% of loan amount for down payment and closing costs
First-time only:
No
FHA Loans
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
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
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
HomeReady Mortgage (Fannie Mae)
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
HUD $100 Down Program
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
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
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
New Orleans Area Habitat for Humanity
Type:
Zero-Interest Loan
Amount:
Affordable home with low-interest mortgage; monthly payments never exceed 30% of household income
First-time only:
No
LHC Keys for Service Program
Type:
Forgivable Loan
Amount:
4% of loan amount for down payment and closing costs
First-time only:
No
LHC MRB Home Program
Type:
Grant
Amount:
5% to 9% of mortgage amount for down payment and closing costs
First-time only:
Yes
LHC Pathways to Homeownership Soft Second
Type:
Forgivable Loan
Amount:
Up to 20% of purchase price (up to $55,000) plus up to $5,000 for closing costs (up to $60,000 total)
First-time only:
Yes
LHC Preferred Conventional Program
Type:
Grant
Amount:
Up to 4% of total purchase price
First-time only:
Yes
LHC Resilience Soft Second Program
Type:
Forgivable Loan
Amount:
Up to $55,000 plus up to $5,000 for closing costs (up to $60,000 total)
First-time only:
Yes
Louisiana Mortgage Credit Certificate (MCC)
Type:
Tax Credit
Amount:
Federal tax credit of up to 40% of annual mortgage interest, capped at $2,000 per year
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. The Jefferson Parish First-Time Homebuyer Assistance Program requires income between 51% and 80% of Area Median Income. The JPFA Southern Mortgage Assistance Program has income limits of $69,000 for FHA/VA loans or $99,000 for conventional loans. State programs like the LHC Resilience Soft Second cap at 80% AMI.

  2. Step 2:

    Complete homebuyer education. The Jefferson Parish FTHB program requires completion of Financial Fitness and First-Time Homebuyer Training Classes with certification. Certificates are valid for 2 years. Contact Jefferson Parish Community Development at (504) 736-6262 for class schedules.

  3. Step 3:

    Contact a local housing partner. Reach out to Jefferson Parish Community Development at (504) 736-6262 or visit 1221 Elmwood Park Boulevard, Suite 605, Jefferson, LA 70123 to learn about the parish FTHB program. The Jefferson Parish Finance Authority at jpfinanceauthority.com administers the Southern Mortgage and Comfort of Home programs.

  4. Step 4:

    Get pre-approved for a mortgage. Work with a JPFA participating lender or an LHC-approved lender. The Jefferson Parish FTHB program requires you to select your own lender for a fixed-rate primary mortgage. Many local lenders participate in multiple programs.

  5. Step 5:

    Find a home within program limits. The Jefferson Parish FTHB program covers all of Jefferson Parish. The JPFA programs also cover Jefferson Parish and surrounding areas. Ensure the property meets program requirements.

  6. Step 6:

    Submit your applications. Your lender will help you apply for the JPFA programs, while the Jefferson Parish FTHB application goes through Community Development. The parish program may have waitlists depending on funding availability, so apply early.

Frequently Asked Questions

Related Cities

Related Articles