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South CarolinaFirst-Time Homeowner programs

First-Time Homeowner grants in South Carolina

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

5 active programs in South Carolina

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South Carolina State Housing Finance and Development AuthoritySCFirst-Time HomeownerCombination of 30 year fixed rate first mortgages paired with forgivable zero percent interest second mortgage down payment assistance loans, typically around 10000 dollars or a percentage of the loan amount depending on the specific program.

Updated: Dec 6, 2025

Statewide umbrella page that organizes SC Housing’s primary homebuyer offerings, including the Homebuyer Program, Palmetto Home Advantage, County First Initiative, Housing Choice Voucher Homeownership, and Mortgage Credit Certificates—all designed to pair affordable 30-year fixed mortgages with down payment assistance and tax benefits for South Carolina buyers.

Eligible for: Low- to moderate-income homebuyers in South Carolina, including many first-time buyers and some repeat buyers, who meet SC Housing income, p…

Funding: Provides forgivable 0 percent interest second mortgage down payment assistance that is often about 10000 dollars per loan or a percentage of the first mortgage amount, used alongside affordable fixed rate mortgages to cover down payment and closing costs for South Carolina buyers.Deadline: Rolling; subject to funding availability and allocation by SC HousingRollingStatewidehomebuyerfirst-time homebuyerrepeat homebuyerlow-income homebuyerdown payment assistanceclosing cost assistanceforgivable loanaffordable mortgagetax credit

South Carolina State Housing Finance and Development AuthoritySCFirst-Time HomeownerBond funded 30 year fixed rate first mortgage paired with a zero percent interest no payment second mortgage down payment assistance loan of about 10000 dollars that is forgiven over a 15 year term when occupancy requirements are met.

Updated: Dec 6, 2025

Flagship SC Housing bond program offering affordable fixed-rate mortgages plus forgivable down payment assistance to first-time buyers statewide.

Eligible for: First-time homebuyers (and certain eligible buyers in targeted counties or veteran exceptions) who meet SC Housing’s income and purchase pri…

Funding: Typically provides a 0 percent interest no payment second mortgage of about 10000 dollars to be used for down payment and closing costs, forgiven on a prorated basis over 15 years of primary residence occupancy under current program guidelines.Deadline: Rolling; based on lender participation and available SC Housing fundingRollingStatewidehomebuyerfirst-time homebuyerlow-income homebuyerveteran homebuyerdown payment assistanceclosing cost assistanceforgivable loanaffordable mortgage

City of Greenville – Community DevelopmentSCFirst-Time HomeownerReferral hub connecting buyers to SC Housing mortgages and local down payment assistance grants and low interest loans offered by partners such as CommunityWorks and Greenville County Human Relations, which may provide up to 20000 dollars in forgivable assistance or 10000 dollar low interest loans for down payment and closing costs.

Updated: Dec 6, 2025

City of Greenville’s central resource page that routes residents to multiple down payment assistance options, homebuyer education, and counseling services designed to make purchasing a home in Greenville more affordable.

Eligible for: Prospective homebuyers in Greenville, SC—primarily low- to moderate-income first-time buyers—who are seeking down payment help, homebuyer ed…

Funding: Points Greenville buyers to multiple programs that can offer significant down payment and closing cost help, including partner offerings that may provide up to 20000 dollars in forgivable assistance or around 10000 dollar low interest loans when combined with affordable first mortgage products.Deadline: Rolling; timelines depend on each referenced assistance programRollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerdown payment assistanceclosing cost assistanceforgivable loanlow-interest loanhomebuyer educationcounseling

Richland County Community Development OfficeSCFirst-Time HomeownerZero percent interest deferred second mortgage loan of up to 24500 dollars funded with HUD resources and fully forgiven after a required owner occupancy period, with prorated repayment if the home is sold, refinanced or rented before the end of the term.

Updated: Dec 6, 2025

Richland County’s RCHAP provides up to $24,500 in forgivable down payment and closing cost assistance to low- and moderate-income first-time buyers purchasing homes in unincorporated Richland County, improving access to safe, affordable owner-occupied housing.

Eligible for: First-time homebuyers (or those who have not owned a home in the past three years) purchasing a single-family detached home built after 1978…

Funding: Offers a deferred, forgivable second mortgage up to 24500 dollars that can be used for down payment, closing costs or principal reduction on an eligible home in unincorporated Richland County, with the 0 percent interest loan forgiven after the required owner occupancy period and subject to prorated repayment if program conditions are not met.Deadline: Rolling; assistance offered on an ongoing basis while funding is available; workshop dates and application windows are scheduled periodicallyRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyerSouth Carolina residentdown payment assistanceclosing cost assistanceprincipal reductionforgivable loanaffordable mortgage

City of Florence – Community Services DepartmentSCFirst-Time HomeownerCombination of CDBG supported down payment and closing cost assistance up to 30000 dollars paired with affordable first mortgage financing for eligible buyers who complete the city homebuyer education requirements.

Updated: Dec 6, 2025

City of Florence’s First-Time Homebuyers Program offers structured education plus generous down payment and closing cost assistance—up to $30,000—to help income-eligible residents become successful long-term homeowners in Florence’s targeted neighborhoods.

Eligible for: Low- to moderate-income first-time homebuyers purchasing an eligible home within Florence city limits who attend required homebuyer educatio…

Funding: Provides up to 30000 dollars in down payment and closing cost assistance through the City of Florence affordable housing initiatives for qualifying first time buyers who complete the education and application requirements and purchase a home in targeted neighborhoods and other eligible areas within city limits.Deadline: Rolling; tied to annual funding allocations and ongoing program cyclesRollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerdown payment assistanceclosing cost assistancegranthomebuyer educationneighborhood revitalization