City of Clarksville First-Time Homebuyer Program

Administered by: City of Clarksville Office of Housing and Community Development · City · Forgivable Loan

Funding status: Active

How much assistance

Down payment and closing cost assistance (amount varies) (Forgivable Loan)

Down payment funds are low-interest loans over 10 years. Closing cost assistance is a zero-interest forgivable loan forgiven after 10 years as long as buyer remains owner/occupant.

Eligibility

  • Income limits: Household income must fall within 50% to 80% AMI for Clarksville, Tennessee.
  • First-time buyer required: Yes — First-time homebuyer.
  • Geographic restrictions: Must purchase within the City of Clarksville.
  • Homebuyer education required: Yes

How to Apply for City of Clarksville First-Time Homebuyer Program

Step 1: Contact the City of Clarksville Office of Housing and Community Development for application details and current funding availability.

Visit program website

Notes

Down payment portion is a low-interest repayable loan over 10 years. Closing cost portion is forgivable after 10 years of owner-occupancy. Income must be between 50-80% AMI.

Cities Where This Program Is Available