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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
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

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

Learn More About Homebuying Assistance

Cities Where This Program Is Available (2 cities across 1 state)