Savannah Affordable Housing Fund Down Payment Assistance

Administered by: Community Housing Services Agency (CHSA) · City · Deferred Loan

Funding status: Active

How much assistance

Gap financing averaging approximately $32,000 (Deferred Loan)

Eligibility

  • Income limits: Income restrictions apply (tied to funding stream)
  • First-time buyer required: Yes
  • Geographic restrictions: Must purchase within Savannah/Chatham County area.
  • Homebuyer education required: Yes

How to Apply for Savannah Affordable Housing Fund Down Payment Assistance

Step 1: Contact CHSA at chsainc.org or through the City of Savannah Housing & Neighborhood Services Department at 912-651-6926. CHSA provides homebuyer education, case management, and coordinates with approved lenders to secure primary purchase loans.

Visit program website

Notes

CHSA is a U.S. Treasury-certified CDFI (since 2017) that administers the Savannah Affordable Housing Fund (SAHF), established 2011. The SAHF provides secondary gap financing enabling first-time homebuyers to secure primary loans averaging about $180,000. Also includes employer-funded DPA programs. Verify current assistance amounts with CHSA.

Cities Where This Program Is Available