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Homebuyer Programs in Dayton, OH (2026)

Last updated April 8, 2026 | Population: 137,644 | Median home price: $135,000 | Est. closing costs: $2,500 - $4,000

Skyline of Dayton, OH

Dayton is the sixth-largest city in Ohio and the seat of Montgomery County, located in the Miami Valley region of southwestern Ohio. With a median home price around $135,000, Dayton is one of the most affordable housing markets in the state. First-time homebuyers in Dayton can access the City of Dayton Down Payment Assistance Program, which provides up to 10% of the purchase price as a zero-interest deferred loan, as well as the Northwest Dayton Pathway to Homeownership Program through County Corp, which offers down payment assistance plus homebuyer coaching for new construction homes. Beyond local programs, Ohio state programs like the OHFA Your Choice! Down Payment Assistance (3% to 3.5% of the purchase price as a forgivable loan) and the FHLB Cincinnati Welcome Home Program (grants of $10,000 to $20,000) can be stacked for even greater savings.

Top Homebuyer Programs in Dayton

City of Dayton Down Payment Assistance Program
Type:
Deferred Loan
Amount:
Up to 10% of the purchase price toward down payment and closing costs
First-time only:
Yes
Montgomery County OH Down Payment Assistance Program
Type:
Deferred Loan
Amount:
Up to 10% of the purchase price, maximum $8,000 for down payment and closing costs
First-time only:
Yes
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
Habitat for Humanity of Greater Dayton Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable mortgage with payments never exceeding 30% of monthly income; homes not sold for profit
First-time only:
No
Northwest Dayton Pathway to Homeownership Program
Type:
Grant
Amount:
Down payment and closing cost assistance from a variety of local, state, and federally funded sources
First-time only:
Yes
Communities First Ohio Down Payment Assistance (The Port)
Type:
Grant
Amount:
3%, 4%, or 5% of the purchase price as a grant toward down payment and closing costs
First-time only:
No
FHLB Cincinnati Welcome Home Program
Type:
Grant
Amount:
Grants of $10,000 to $20,000; up to $25,000 for veterans, active-duty military, and surviving spouses
First-time only:
Yes
OHFA Grants for Grads
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate
First-time only:
Yes
OHFA Mortgage Tax Credit
Type:
Tax Credit
Amount:
Federal tax credit of 40% of annual mortgage interest paid, up to $2,000 per year (with OHFA loan). 15-20% with other lenders.
First-time only:
Yes
OHFA Ohio Heroes
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate
First-time only:
Yes
OHFA Your Choice! Down Payment Assistance
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. Most Dayton programs require household income at or below 80% of Area Median Income and first-time homebuyer status. The City of Dayton DPA has a purchase price limit of $105,000 for existing homes and $195,000 for new construction.

  2. Step 2:

    Complete homebuyer education. The HomeOwnership Center of Greater Dayton offers HUD-approved homebuyer education classes. Contact them at 937-853-1600 or visit their office at 130 West Second Street, Suite 1420, Dayton, OH 45402.

  3. Step 3:

    Meet with a Homeownership Advisor. Schedule a one-on-one counseling session at the HomeOwnership Center of Greater Dayton to review your finances and develop a plan.

  4. Step 4:

    Get pre-approved for a mortgage. Work with an OHFA-approved lender to explore state programs like Your Choice! DPA or the Welcome Home Program grants. You can find participating lenders at myohiohome.org.

  5. Step 5:

    Find a home within program limits. For the City of Dayton DPA, the home must be within Dayton city limits with a value up to $105,000 (existing) or $195,000 (new construction). For the Northwest Dayton Pathway program, homes are new construction in Northwest Dayton neighborhoods.

  6. Step 6:

    Submit your application. Contact the HomeOwnership Center at 937-853-1600 to apply for the City of Dayton DPA. For the Northwest Dayton Pathway program, contact County Corp at scfhome@wpcu.coop or (937) 782-5747. Funds are limited and available on a first-come, first-served basis.

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