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Dane County Momentum Homebuyer Program

Administered by:
Dane County Department of Human Services / CDBG Program
· County · Deferred Loan
Funding status: Active

How much assistance

Deferred loan up to $30,316 at 0% interest
Loan becomes due and payable at sale, when property is no longer owner-occupied, or first mortgage is refinanced for cash-out.

Eligibility

  • Income limits: At or below 80% of County Median Income
  • Purchase price limit: $347,000
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase in a Dane County Urban County Consortium participating municipality outside the City of Madison (includes Sun Prairie, Fitchburg, Middleton, Verona, and other participating communities).
  • Homebuyer education required: Yes

How to Apply for Dane County Momentum Homebuyer Program

Contact the Home Buyers Round Table at homebuyersroundtable.org for information and to begin the application process. You must complete homebuyer education and meet income requirements. Work with a participating lender to coordinate the deferred loan with your first mortgage.

Learn More About Homebuying Assistance

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