City of Memphis Down Payment Assistance Program

Administered by: City of Memphis Division of Housing and Community Development · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $25,000 or 10% of the sales price (Forgivable Loan)

Forgiven if the home remains the buyer's primary residence for 5-10 years, depending on the amount of assistance received.

Eligibility

  • Income limits: HIPC program: up to 200% AMI. Other programs vary by eligibility category.
  • First-time buyer required: No
  • Geographic restrictions: Property must be located within Memphis city limits or designated areas per program guidelines.
  • Homebuyer education required: Yes

How to Apply for City of Memphis Down Payment Assistance Program

Step 1: Contact the Office of Down Payment Assistance at (901) 636-7474 or email dpa@memphistn.gov. Determine which program you qualify for: HIPC (designated areas), HIPP (police), HIPF (firefighters), or MSCS (school employees).

Visit program website

Notes

Includes multiple sub-programs: HIPC for purchases in 15 designated areas, HIPP for Memphis police officers (1+ year service), HIPF for Memphis firefighters (1+ year service), and MSCS for Memphis Shelby County Schools employees (2+ years service).

Cities Where This Program Is Available