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Cook County Down Payment Assistance Program

Administered by: Cook County Bureau of Economic Development · County · Forgivable Loan

Funding status: Closed

How much assistance

5% of home sale price up to ,000 (Forgivable Loan)

Subsidy may be used for down payment, closing costs, or mortgage buydown.

Eligibility

  • Income limits: Up to 120% AMI (3,880 for household of 4). No income limit in Disproportionately Impacted Areas or Qualified Census Tracts.
  • First-time buyer required: No
  • Geographic restrictions: Throughout Cook County.
  • Homebuyer education required: Yes

How to Apply for Cook County Down Payment Assistance Program

Step 1: Program is currently out of funds and not accepting applications. Check Cook County website or club720.org/cookcounty-dpa for funding updates. Complete homebuyer education before closing.

Notes

Program re-opened June 2025 and is currently out of funds as of 2026. Verify current status with Cook County.

Cities Where This Program Is Available