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Homebuyer Programs in Eau Claire, WI (2026)

Population: 73,000 | Median home price: $290,000 | Est. closing costs: $6,000 - $8,500

Last updated April 9, 2026

Skyline of Eau Claire, WI

Eau Claire is a vibrant college city in western Wisconsin at the confluence of the Eau Claire and Chippewa Rivers, home to the University of Wisconsin-Eau Claire. With a median home price around $290,000, the city offers accessible homeownership in one of Wisconsin's most livable communities. The City of Eau Claire Homeownership Program provides up to $6,000 in down payment and closing cost assistance to first-time buyers, and Western Dairyland offers an additional $2,500 grant. At the state level, WHEDA Easy Close DPA provides up to 6% of the purchase price and WHEDA Capital Access DPA offers up to $7,500. Additional support is available through the Downpayment Plus Program (up to $6,000 grant), the WORTH Down Payment Assistance Program (up to $8,000 grant), and the Chippewa Valley Habitat for Humanity. By combining city, state, and federal programs, Eau Claire buyers can stack $15,000 or more in total assistance.

City Programs in Eau Claire

City of Eau Claire Homeownership Program
Type:
Deferred Loan
Amount:
Up to $6,000 in down payment and closing cost assistance plus rehabilitated home at affordable price
First-time only:
Yes

County Programs in Eau Claire County

Eau Claire County HCRI Down Payment Assistance
Type:
Deferred Loan
Amount:
Down payment and closing cost assistance (second mortgage)
First-time only:
No
WORTH Down Payment Assistance Program
Type:
Grant
Amount:
Up to $8,000
First-time only:
Yes

State Programs in Wisconsin

WHEDA Advantage Conventional Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (as low as 3% down)
First-time only:
Yes
WHEDA Advantage FHA Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (3.5% down)
First-time only:
Yes
WHEDA Capital Access DPA
Type:
Deferred Loan
Amount:
Up to $7,500 (between $3,050 and 3% of purchase price)
First-time only:
Yes
WHEDA Easy Close DPA
Type:
Repayable Loan
Amount:
Up to 6% of purchase price
First-time only:
Yes
WHEDA Tax Advantage (Mortgage Credit Certificate)
Type:
Tax Credit
Amount:
Up to $2,000 per year in federal tax credits
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Chippewa Valley Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home with conventional mortgage, no down payment required, closing costs no more than $2,000
First-time only:
No
Downpayment Plus Program (FHLBank Chicago)
Type:
Grant
Amount:
Up to $6,000 (3:1 match of buyer contribution, max $6,000)
First-time only:
No
NACA Purchase Program
Type:
Zero-Interest Loan
Amount:
No down payment, no closing costs, no PMI, no fees, below-market fixed interest rate
First-time only:
No
Western Dairyland Down Payment Assistance
Type:
Grant
Amount:
Up to $2,500
First-time only:
No

How to Apply

Step 1:

Check your eligibility. Most programs require household income at or below 80% of Area Median Income. WHEDA income limits for Eau Claire County are $104,800 for 1-2 person households and $120,520 for 3+ person households. The City of Eau Claire Homeownership Program requires first-time buyer status and federal income eligibility.

Step 2:

Complete homebuyer education. The City of Eau Claire Housing Division provides homebuyer counseling and education. Contact them at (715) 514-5440. A homebuyer education course is required for most assistance programs including WHEDA DPA and Western Dairyland.

Step 3:

Apply for the City of Eau Claire Homeownership Program. Contact the Housing Division at (715) 514-5440. The city purchases and rehabilitates homes, then sells them to qualifying first-time buyers at affordable prices with up to $6,000 in down payment and closing cost assistance.

Step 4:

Get pre-approved for a mortgage. Work with a WHEDA-approved lender to explore WHEDA first mortgage programs and DPA options like Easy Close (up to 6% of purchase price) and Capital Access (up to $7,500). Ask about the Downpayment Plus grant (up to $6,000).

Step 5:

Explore additional assistance. Contact Western Dairyland at their Eau Claire office (418 Wisconsin Street, Eau Claire, WI 54703) about their $2,500 down payment assistance grant. Also contact the Eau Claire County Housing Authority at (715) 839-6240 for county-level programs if purchasing outside city limits.

Step 6:

Find a home and close. Your lender and housing counselor will help layer multiple programs together. Allow 30-60 days for program processing in addition to your standard mortgage timeline.

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