Grant Directory

Verified government funding opportunities

MaineFirst-Time Homeowner programs

First-Time Homeowner grants in Maine

Browse first-time homeowner grants available in Maine, including statewide and local programs.

5 active programs in Maine

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Latest opportunities (5)

The Auburn–Lewiston Consortium Homebuyer Loan Program uses HOME funds to pair matched savings with a long-term, interest-free loan so low- and moderate-income buyers can afford market-rate homes in either city while meeting strict affordability and occupancy standards.

Eligible for: Low- and moderate-income households with income below 80% of area median who have minimum household income of $25,000 (or $20,000 with USDA …

Deadline: Rolling / subject to HOME funding and recapture/affordability termsCity

Bangor’s Homeownership Program provides flexible financial assistance to low- and moderate-income residents, allowing funds to be applied toward down payment, closing costs, principal reduction and interest-rate buydown so that first-time buyers can afford to purchase, build or rehabilitate a home in the city.

Eligible for: Low- to moderate-income Bangor households purchasing, building or rehabilitating a home in the city, with at least one applicant qualifying …

Funding: City of Bangor low interest or deferred payment assistance for eligible homebuyers; specific loan amounts depend on income and property details.Deadline: Rolling / subject to local funding and eligibilityUntil funds exhaustedCityIndividualDown payment assistanceClosing cost assistanceHome purchase assistance

Caribou’s Section 8 HCV Homeownership Program lets eligible voucher holders convert their rental subsidy into support for a mortgage payment, creating a path from renting to owning for low-income families who can save a modest down payment and complete homebuyer education.

Eligible for: Section 8 Housing Choice Voucher recipients in Caribou who are in good standing for at least the prior year, do not owe money to any housing…

Deadline: Ongoing / subject to voucher availability and eligibilityCity

MaineHousing’s First Generation Pilot Program targets households whose families have never owned a home, combining a discounted First Home Loan interest rate with a $10,000 grant to bridge down payment and closing cost barriers.

Eligible for: All borrowers must be true first-time homebuyers with no prior ownership interest in a principal residence anywhere; in addition, at least o…

Funding: 10000 grant for down payment and closing cost assistance with a reduced rate MaineHousing First Home Loan mortgage.Deadline: Rolling / pilot window while dedicated funds remainStatewideIndividualDown payment assistanceClosing cost assistanceInterest rate reduction

MaineHousing’s flagship First Home Loan Program offers low fixed-rate mortgages for Maine first-time buyers, with little or no down payment required and an optional $5,000 Advantage grant to cover closing costs and up-front cash needs.

Eligible for: Primarily first-time homebuyers (no ownership in a principal residence in the last 3 years) with minimum 640 credit score, within MaineHousi…

Funding: 5000 for most one unit properties and 8000 to 14000 for two to four unit properties through the Advantage options.Deadline: Rolling / subject to funding and program availabilityRollingStatewideIndividualLow interest mortgageDown payment assistanceClosing cost assistance