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Get Matched Free →NeighborWorks Blackhawk Region Down Payment Assistance
Funding status: Active
How much assistance
Varies by program type (forgivable, deferred, or repayable)
Forgivable DPA available for income-qualified buyers (below 80% AMI) purchasing NeighborWorks rehabbed or newly constructed homes in priority neighborhoods, forgiven over 5 years. Deferred DPA available for purchases in priority neighborhoods with no monthly payments, repaid at sale or refinance. Repayable DPA available for homes anywhere in the City of Beloit.
Eligibility
- Income limits: Forgivable DPA requires income at or below 80% AMI. Deferred and repayable DPA have no income restrictions.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Geographic restrictions: Must purchase within the City of Beloit or NeighborWorks Blackhawk Region priority neighborhoods.
- Homebuyer education required: Yes
How to Apply for NeighborWorks Blackhawk Region Down Payment Assistance
Contact NeighborWorks Blackhawk Region at 608-362-9051 to begin the homebuyer education and counseling process. Completion of their homebuyer education program opens access to available down payment assistance products.
Free eligibility check
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