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Louisville Metro Down Payment Assistance Program

Administered by: City of Louisville, Office of Housing & Community Development · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $25,000 (Forgivable Loan)

50% forgiveness after 5-10 years of primary residence occupancy. Remaining 50% due at sale.

Eligibility

  • Income limits: Below 80% Area Median Income (AMI), adjusted for household size.
  • First-time buyer required: No
  • Geographic restrictions: Louisville Metro area (Jefferson County).
  • Homebuyer education required: Yes

How to Apply for Louisville Metro Down Payment Assistance Program

Step 1: Apply online at portal.neighborlysoftware.com/louisvilleky/participant or submit a paper application at Metro Development Center, 444 S. 5th St. Phone: (502) 574-5850. Applications open March 2 through April 30, 2026.

Notes

Capped at 15% LTV. Requires 6+ hours of homebuyer education from a HUD-approved counseling agency. Application window is seasonal — check dates each year.

Cities Where This Program Is Available