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City of Springfield Down Payment Assistance

Administered by: City of Springfield Department of Planning & Development · City · Zero-Interest Loan

Funding status: Active

How much assistance

Up to $9,000 (Zero-Interest Loan)

10-year no-interest deferred loan. Loan must be repaid if the home is sold, transferred, or no longer owner-occupied within the term.

Eligibility

  • Income limits: Household income at or below 80% of Springfield Area Median Income (AMI)
  • Purchase price limit: $214,000
  • First-time buyer required: Yes — First-time homebuyer, displaced homemaker, or single parent.
  • Geographic restrictions: Home must be located within the City of Springfield limits.
  • Homebuyer education required: Yes

How to Apply for City of Springfield Down Payment Assistance

Step 1: 1. Contact the City of Springfield Department of Planning & Development to confirm current funding availability. 2. Complete a HUD-approved homebuyer education course (Consumer Credit Counseling Services of Springfield is a local option). 3. Verify your household income is at or below 80% AMI and that your target home is within city limits and priced at $214,000 or less. 4. Get pre-approved with a participating lender. 5. Submit your DPA application through the City and close on your home as your primary residence.

Notes

Program is funded with CDBG/HOME dollars and may pause between funding rounds — confirm availability before relying on it.

Cities Where This Program Is Available