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Homebuyer Programs in Allentown, PA (2026)

Last updated March 31, 2026 | Population: 128,000 | Median home price: $255,000 | Est. closing costs: $5,000 - $7,500

Skyline of Allentown, PA

Allentown is the third-largest city in Pennsylvania and the economic center of the Lehigh Valley, with a median home price around $255,000. While Allentown does not offer the same scale of city-funded DPA as Philadelphia or Pittsburgh, buyers here can still access meaningful assistance. The City of Allentown provides down payment and closing cost help for first-time buyers through its CDBG/HOME-funded program, and the Allentown Housing Authority sells fully renovated homes at affordable prices to income-qualified buyers. The FHLBank Pittsburgh First Front Door grant offers up to $15,000 through local participating lenders like First Commonwealth FCU. At the state level, the PHFA Keystone Forgivable in Ten Years (K-FIT) loan provides 5% of the purchase price as a forgivable loan, and the Keystone Advantage Assistance Loan offers up to $6,000 at 0% interest. Nonprofit partners like HADC also develop affordable homes for low-to-moderate income buyers in the area. By combining local, state, and federal programs, Allentown homebuyers can reduce their upfront costs significantly.

Top Homebuyer Programs in Allentown

Allentown Housing Authority Homeownership Program
Type:
Zero-Interest Loan
Amount:
Fully renovated homes sold at approximately $150,000 to income-qualified first-time buyers
First-time only:
Yes
City of Allentown First-Time Homebuyer Assistance
Type:
Forgivable Loan
Amount:
Down payment and closing cost assistance (amount varies by funding availability)
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
FHLBank Pittsburgh First Front Door Program (Lehigh Valley)
Type:
Grant
Amount:
Up to $15,000 grant
First-time only:
Yes
Habitat for Humanity of the Lehigh Valley Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable no-interest mortgage on a Habitat-built or renovated home
First-time only:
No
HADC Home-Buying Assistance Program
Type:
Zero-Interest Loan
Amount:
Affordable homes priced for buyers earning at or below 80% AMI (some at 50% AMI)
First-time only:
No
PHFA HFA Preferred Grant
Type:
Grant
Amount:
$500
First-time only:
No
PHFA HOMEstead Program
Type:
Forgivable Loan
Amount:
Up to $10,000
First-time only:
Yes
PHFA Keystone Advantage Assistance Loan
Type:
Zero-Interest Loan
Amount:
Up to 4% of purchase price or market value, or $6,000, whichever is less
First-time only:
No
PHFA Keystone Forgivable in Ten Years (K-FIT)
Type:
Forgivable Loan
Amount:
5% of the lesser of the purchase price or appraised value
First-time only:
No

How to Apply

  1. Step 1:

    Check your eligibility. Most Allentown programs require low-to-moderate income status (at or below 80% of Area Median Income). The PHFA K-FIT program allows borrower income up to $196,200. Review each program's requirements based on your household size and income.

  2. Step 2:

    Complete homebuyer education. Contact Community Action Lehigh Valley at (610) 849-7802 for HUD-approved homebuyer education seminars offered in English and Spanish at least seven times per year. The 8-hour course earns you a certificate of completion required by most assistance programs.

  3. Step 3:

    Connect with a housing counselor. Community Action Lehigh Valley provides pre-purchase counseling and can help you understand which programs you qualify for. For the FHLBank First Front Door grant, at least 4 hours of homeownership counseling is required.

  4. Step 4:

    Get pre-approved for a mortgage. Contact a PHFA-approved participating lender for state programs like K-FIT and Keystone Advantage. For the First Front Door grant, work with First Commonwealth FCU at 450 Union Boulevard, Allentown. Contact the City of Allentown at (610) 439-5999 to learn about city-funded assistance.

  5. Step 5:

    Find a home within program limits. The PHFA K-FIT program has a $659,000 purchase price limit. The Allentown Housing Authority sells renovated homes at approximately $150,000 to qualified buyers. HADC also develops affordable homes for income-qualified buyers.

  6. Step 6:

    Apply for assistance programs. Work with your housing counselor and lender to submit applications for each program you qualify for. The FHLBank First Front Door 2026 funding round opens May 19, 2026, so plan ahead.

  7. Step 7:

    Close on your home. Your lender coordinates the closing with all assistance programs applied. Community Action Lehigh Valley offers 2-hour and 4-hour pre-settlement counseling sessions to prepare you for closing.

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