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Springfield Home Ownership Program (SHOP)

Administered by: City of Springfield · City · Zero-Interest Loan

Funding status: Active

How much assistance

Up to ,000 (Zero-Interest Loan)

0% interest deferred loan. Not repaid until the home is sold, refinanced, or transferred.

Eligibility

  • Income limits: Income limits: 1-person ,950; 2-person ,050; 3-person ,200; 4-person ,300; 5-person ,450; 6-person ,550.
  • First-time buyer required: Yes — Has not owned a home in the past 3 years.
  • Geographic restrictions: Property must be located within the City of Springfield city limits.
  • Homebuyer education required: Yes

How to Apply for Springfield Home Ownership Program (SHOP)

Step 1: Contact the City of Springfield to apply. Buyer must contribute at least 50% of the minimum down payment required by the primary lender from personal funds. Complete HUD-approved homebuyer education.

Notes

Income limits reflect low-income targeting. Confirm current year income thresholds and availability with the City of Springfield when applying.

Cities Where This Program Is Available