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Homebuyer Programs in Springfield, OH (2026)

Last updated April 8, 2026 | Population: 58,082 | Median home price: $153,000 | Est. closing costs: $3,000 - $4,500

Skyline of Springfield, OH

Springfield is a city of about 58,000 residents in Clark County, Ohio, located roughly 45 miles northeast of Dayton. With a median home price around $153,000, Springfield offers an affordable entry point for homeownership. The Neighborhood Housing Partnership of Greater Springfield provides up to $5,000 in down payment assistance for income-qualifying buyers. The Springfield Housing Authority runs a homeownership program offering monthly mortgage subsidies for up to 15 years. Clark County also offers the CHIP Homeownership Assistance Program for additional support. At the state level, the OHFA Your Choice! Down Payment Assistance program provides 3% to 3.5% of the purchase price as a forgivable loan, and Habitat for Humanity of Greater Dayton serves the Springfield area. By combining local, state, and federal programs, Springfield buyers can potentially access over $15,000 in total assistance.

Top Homebuyer Programs in Springfield

Springfield Housing Authority Homeownership Program
Type:
Grant
Amount:
Monthly mortgage subsidy for up to 15 years
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 - Springfield Homeownership
Type:
Zero-Interest Loan
Amount:
Affordable home purchase through partnership building
First-time only:
No
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 local programs require household income below 80% of the Area Median Income. Review specific income limits through the Neighborhood Housing Partnership of Greater Springfield or OHFA.

  2. Step 2:

    Complete homebuyer education. Contact the Neighborhood Housing Partnership at (937) 322-4623 to enroll in their comprehensive 8-hour homebuyer education course, which satisfies requirements for most assistance programs.

  3. Step 3:

    Contact the Neighborhood Housing Partnership of Greater Springfield. NHP is the primary local housing partner and administers the city's down payment assistance program. Reach them at (937) 322-4623 or information@springfieldnhp.org.

  4. Step 4:

    Get pre-approved for a mortgage. Work with an OHFA-participating lender to explore state programs like Your Choice! DPA, Ohio Heroes, or Grants for Grads. Find participating lenders at myohiohome.org.

  5. Step 5:

    Find a home within program guidelines. The NHP down payment assistance program requires the property to be within Springfield city limits. Your counselor can help identify eligible properties.

  6. Step 6:

    Submit your application. Your housing counselor at NHP will help compile required documentation and submit applications for all programs you qualify for.

Frequently Asked Questions

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