See programs you qualify for
Get Matched Free →DHCD HOMEownership Down Payment Assistance Program
Funding status: Active
How much assistance
Up to 10% to 15% of the sales price plus up to $2,500 for closing costs. Maximum assistance of $40,000.
Forgiveness terms vary by local provider. Typically a deferred, forgivable loan with an affordability period.
Eligibility
- Income limits: At or below 80% of the Area Median Income (AMI).
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Available statewide through local DPA providers.
- Homebuyer education required: Yes
How to Apply for DHCD HOMEownership Down Payment Assistance Program
Contact a local DHCD-approved DPA provider in your area to apply. Complete homebuyer education from a HUD-certified agency with a HUD-approved housing counselor. Income must be at or below 80% AMI.