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Restore SGF Down Payment Assistance

Administered by:
Restore SGF
· Nonprofit · Grant
Funding status: Active

How much assistance

$9,000 grant
Deed restriction requires repayment of the $9,000 grant if the property is sold within the first 5 years of purchase.

Eligibility

  • Income limits: Targeted to low-to-moderate income buyers; verify current income limits with Restore SGF.
  • Purchase price limit: $250,000
  • First-time buyer required: Yes — First-time homebuyer, or has not owned a home in the past 3 years.
  • Geographic restrictions: Home must be located in one of five Restore SGF neighborhoods: Doling Park East, Fassnight, Grant Beach, Meador Park East, or Woodland Heights.
  • Homebuyer education required: Yes

How to Apply for Restore SGF Down Payment Assistance

  1. Confirm your target home is located in one of the five eligible Restore SGF neighborhoods (Doling Park East, Fassnight, Grant Beach, Meador Park East, Woodland Heights).
  1. Verify the sales price is at or below $250,000.
  1. Complete a first-time homebuyer class and obtain your certificate.
  1. Submit your Restore SGF DPA application.
  1. Close on your home and plan to own for at least 5 years to avoid triggering the deed-restriction repayment.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)