City of Lorain Down Payment Assistance Program

Administered by: City of Lorain · City · Forgivable Loan

Funding status: Active

How much assistance

Up to 50% of what the lender requires for down payment, maximum $15,000 (Forgivable Loan)

Forgiven over 5 years if buyer continues to live in the home as primary residence.

Eligibility

First-time buyer required: Yes — Must be a first-time homebuyer
Geographic restrictions: City of Lorain, unincorporated Lorain County, Avon, Avon Lake, Amherst, Oberlin, North Ridgeville, and Sheffield Lake

How to Apply for City of Lorain Down Payment Assistance Program

Step 1: Contact the City of Lorain housing counseling office at (440) 204-3155. Located at 502-506 Broadway Avenue, Lorain, OH 44052.

Notes

City of Lorain received HUD certification for housing services in 2026. Verify current income limits and full eligibility requirements with the city. Updated April 2026: geographic restrictions expanded to reflect full HOME Consortium service area.