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CNE Down Payment Assistance Program

Administered by:
Chattanooga Neighborhood Enterprise (CNE)
· Nonprofit · Repayable Loan
Funding status: Active

How much assistance

Up to $15,000

Eligibility

  • Income limits: Qualification depends on household size and income.
  • First-time buyer required: No
  • Geographic restrictions: Available in Hamilton, Bledsoe, Bradley, Grundy, Marion, McMinn, Meigs, Polk, Rhea, and Sequatchie counties.
  • Homebuyer education required: Yes

How to Apply for CNE Down Payment Assistance Program

Contact CNE to apply. The DPA acts as a second mortgage loan that begins amortizing in year one at the rate of the first mortgage but no less than 3%, paid off in a maximum of 15 years.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)