Grant Directory

Verified government funding opportunities

First Time Homeowner Grants

Explore First Time Homeowner Grants Nationwide

Discover active first time homeowner funding across federal, state, local, and private funders. Updated daily with new programs and opportunities.

296 active programs listed • Updated daily • All 50 states + DC

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Jump straight to state-specific first time homeowner programs.

Latest opportunities (296)

City of Madison – Community Development DivisionWIFirst-Time HomeownerZero percent interest deferred payment shared appreciation loan of up to 35000 dollars that covers down payment and closing costs for eligible buyers in the City of Madison, with repayment and a share of future appreciation due when the home is sold, refinanced or otherwise transferred.

Updated: Dec 6, 2025

Madison’s Home-Buy the American Dream (HBAD) program offers up to $35,000 in 0% shared-appreciation assistance to help first-time buyers cover down payment and closing costs on homes within city limits, paired with mandatory education and property quality inspections.

Eligible for: Low- to moderate-income first-time homebuyers purchasing a single-family home, condominium, or one-half duplex in the City of Madison; must …

Funding: Provides up to 35000 dollars in 0 percent interest shared appreciation assistance to cover down payment and closing costs on eligible homes within Madison city limits, structured as a deferred loan with no monthly payments but repayment of principal plus a share of appreciation when the property is sold or refinanced.Deadline: Rolling; HBAD is offered on an ongoing basis, with program documents updated as recently as May 27, 2025 and files processed in roughly 20 business days while funds remain available.RollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerMadison residentdown payment assistanceclosing cost assistanceshared appreciation loanaffordable homeownershiphomebuyer educationproperty inspection

City of La Crosse – Community Development and HousingWIFirst-Time HomeownerForgivable down payment assistance grant recorded as a lien that covers 10 to 20 percent of the purchase price up to a maximum of 25000 dollars, with the grant forgiven after a required affordability and owner occupancy period under HUD guidelines.

Updated: Dec 6, 2025

La Crosse’s 1st Time Homebuyer Downpayment Assistance Program offers up to $25,000 in grant-style down payment help as a percentage of the purchase price, targeted to first-time buyers earning up to 120% of County Median Income, with stronger benefits for lower-income tiers.

Eligible for: First-time homebuyers (per HUD’s definition) purchasing a home within the City of La Crosse; must have household income at or below 120% of …

Funding: Offers a grant style down payment assistance benefit equal to 20 percent of the purchase price for households at or below 80 percent CMI, 15 percent for 81 to 100 percent CMI and 10 percent for 101 to 120 percent CMI, capped at 25000 dollars, with funds used toward down payment and closing costs on qualifying La Crosse homes.Deadline: The page notes that as of 11/06/2024 the City is not taking applications, but under normal operation assistance is offered on a rolling basis while funding is available and buyers close within 90 days of conditional approval.RollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerLa Crosse residentdown payment assistanceclosing cost assistancegrantaffordable mortgagehomebuyer education

Colorado Housing and Finance AuthorityCOFirst-Time HomeownerState housing finance authority homeownership platform that offers 30 year fixed rate purchase mortgages which can be combined with CHFA down payment assistance grants or second mortgage loans, supported by education, counseling and equity focused initiatives delivered through a statewide lender network.

Updated: Dec 6, 2025

Central homeownership hub for CHFA, explaining how buyers can get a CHFA loan, add down payment assistance, find lenders, and access education and equity-focused resources.

Eligible for: Colorado homebuyers purchasing a primary residence in the state who meet CHFA income and purchase-price limits, credit and DTI guidelines, a…

Funding: CHFA homeownership programs provide affordable fixed rate first mortgages that can be paired with down payment assistance grant and second mortgage options described on the dedicated CHFA down payment assistance page to reduce required cash to close for eligible buyers.Deadline: Rolling; CHFA programs are available statewide through approved lenders while funding and rate sheets remain active.RollingStatewidehomebuyerfirst-time homebuyerrepeat homebuyerfirst-generation homebuyerColorado residentaffordable mortgagedown payment assistancehomebuyer educationequity-focused program

City of Boulder – Housing & Human ServicesCOFirst-Time HomeownerCity administered homeownership portfolio that combines below market Permanently Affordable homes with Solution Grant down payment grants and zero percent deferred shared appreciation second mortgages such as the H2O: House to Homeownership program and a Middle Income Down Payment Assistance Pilot providing large second loans in exchange for long term deed restrictions.

Updated: Dec 6, 2025

Comprehensive city homeownership portal that includes permanently affordable purchase options plus multiple down payment assistance tools (Solution Grant, H2O, Middle-Income DPA).

Eligible for: Income-qualified homebuyers who live or work in Boulder, purchasing a primary residence in Boulder city limits; specific income caps and ass…

Funding: Depending on the product, assistance can range from Solution Grants of up to 5 percent of the purchase price on select Permanently Affordable and Thistle homes to zero percent shared appreciation second mortgages like H2O and the Middle Income Down Payment Assistance Pilot that can provide up to 100000 to 200000 dollars or as much as 30 percent of the sale price toward down payment and closing costs on market rate homes.Deadline: Rolling; programs operate while local and partner funding lasts, with periodic updates to income limits and available products.RollingLocalhomebuyerfirst-time homebuyermiddle-income homebuyerBoulder residentBoulder workerdown payment assistanceclosing cost assistancegrantshared appreciation loanpermanently affordable housing

City of Aurora – Community Development / Housing & Community ServicesCOFirst-Time HomeownerCity level Home Ownership Assistance Program that historically offered up to 10000 dollars in zero percent interest, no payment silent second loans funded with HOME and local dollars to cover down payment and closing costs for eligible first time buyers, with repayment due when the home is sold, refinanced or no longer owner occupied; the program is currently paused for restructuring.

Updated: Dec 6, 2025

Aurora’s HOAP down payment assistance loan program for first-time buyers, currently paused but historically offering up to $10,000 in zero-interest “silent second” assistance for down payment and closing costs.

Eligible for: First-time (and “first-time equivalent”) homebuyers purchasing a primary residence in Aurora city limits who meet low- to moderate-income gu…

Funding: When active, the program has typically provided up to 10000 dollars in zero percent interest silent second assistance that can be applied to down payment and allowable closing costs for qualifying Aurora buyers on a first come, first served basis while funds last.Deadline: Currently paused / being restructured; previously operated on a rolling, first-come, first-served basis while HOME and local funds were available.PausedLocalhomebuyerfirst-time homebuyerlow-income homebuyerAurora residentdown payment assistanceclosing cost assistancesilent second loanaffordable homeownershiphomebuyer education

Indiana Housing and Community Development AuthorityINFirst-Time HomeownerState housing finance agency program that pairs a 30 year fixed rate FHA or conventional first mortgage with a small second mortgage equal to roughly 2.5 to 3.5 percent of the purchase price to help cover down payment and closing costs, typically with no monthly payment and repayment or forgiveness tied to an affordability period or sale or refinance of the home.

Updated: Dec 6, 2025

Statewide IHCDA program that offers a fixed-rate mortgage plus a small second-mortgage down payment assistance option, designed especially for non-first-time or “next” homebuyers.

Eligible for: Primarily repeat buyers (not limited to first-time) and some first-time buyers who meet IHCDA income and acquisition price limits, use an el…

Funding: Allows qualified Indiana buyers to add a second mortgage of approximately 2.5 to 3.5 percent of the purchase price on top of an IHCDA Next Home first mortgage to reduce the cash needed for down payment and closing costs, with the assistance typically forgiven or becoming due if the home is sold, refinanced or no longer a primary residence within a set period.Deadline: Rolling; available statewide while rate sheets and IHCDA funding remain, reserved through participating lenders.RollingStatewidehomebuyerrepeat homebuyerfirst-time homebuyerIndiana residentdown payment assistanceclosing cost assistancesecond mortgageaffordable mortgage

City of Indianapolis – Department of Metropolitan DevelopmentINFirst-Time HomeownerCity level referral hub that connects residents to nonprofit and community partners that provide homebuyer education, financial coaching, affordable mortgage products and locally funded down payment assistance using a mix of city, state and federal resources.

Updated: Dec 6, 2025

City information hub that directs Indianapolis residents to local nonprofit and partner-run homeownership programs, including education, counseling, and access to down payment assistance or affordable mortgage options.

Eligible for: Residents of Indianapolis/Marion County seeking to become homeowners, typically low- to moderate-income households needing counseling, finan…

Funding: This city information page does not set a single grant size but directs prospective buyers to partner agencies where they may access matched savings, affordable fixed rate mortgage products and down payment or closing cost assistance amounts defined by each partner program.Deadline: Ongoing; individual partner programs have their own application windows and funding timelines.RollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerIndianapolis residenthomebuyer educationcounselingdown payment assistanceaffordable mortgagefinancial coaching

Fort Wayne Housing AuthorityINFirst-Time HomeownerPublic housing authority homeownership initiative under HUD Section 32 that converts selected public housing or authority owned units into affordable for sale homes for eligible assisted families, using discounted purchase prices, rehabbed units that meet HUD standards and in some cases ongoing voucher or subsidy support to keep monthly ownership costs affordable.

Updated: Dec 6, 2025

FWHA’s Section 32 Homeownership Program converts certain public housing or authority-owned units into affordable, for-sale homes for qualified low-income families, often leveraging voucher or subsidy structures to support ownership.

Eligible for: Low-income families participating in FWHA programs (often Housing Choice Voucher or public housing residents) who are first-time buyers, com…

Funding: Instead of a fixed grant amount, the program provides affordability by offering select FWHA or public housing units for purchase at discounted prices with rehab completed to HUD standards and by allowing eligible families to apply voucher or subsidy support toward approved ownership costs, lowering the effective cost of becoming a homeowner.Deadline: Rolling; homes and assistance offered as units become available within the Section 32 inventory and related homeownership initiatives.RollingLocalhomebuyerfirst-time homebuyerHousing Choice Voucher participantpublic housing residentlow-income homebuyeraffordable homeownershippublic housing salesection 32homebuyer educationvoucher homeownership

Indiana Housing and Community Development AuthorityINFirst-Time HomeownerState housing finance authority menu of down payment assistance options that layer forgivable and deferred second mortgage loans of set percentages of the purchase price on top of 30 year fixed rate IHCDA first mortgages to reduce required cash to close for eligible buyers.

Updated: Dec 6, 2025

Statewide hub page that describes IHCDA’s menu of down payment assistance programs, including forgivable and deferred second-mortgage options that can be layered with IHCDA first mortgages.

Eligible for: Income- and purchase price-eligible homebuyers in Indiana working with an IHCDA participating lender; must meet program-specific credit, deb…

Funding: Describes IHCDA products such as First Place or First Step that can provide up to about 6 percent of the purchase price as a forgivable second mortgage and Next Home options that offer up to roughly 3.5 percent as a deferred second loan that is repaid if the home is sold, refinanced or no longer a primary residence within a defined period.Deadline: Rolling; available statewide through participating lenders while IHCDA program funding remains.RollingStatewidehomebuyerfirst-time homebuyerrepeat homebuyerIndiana residentlow-income homebuyerdown payment assistanceclosing cost assistanceforgivable loansecond mortgageaffordable mortgage

Indiana Housing and Community Development AuthorityINFirst-Time HomeownerState administered mortgage credit certificate program that allows eligible homebuyers to claim a set percentage of their annual mortgage interest as a dollar for dollar federal income tax credit each year, up to 2000 dollars annually, for as long as they live in the home and keep the original loan.

Updated: Dec 6, 2025

Statewide tax-credit program that reduces federal income tax for eligible Indiana homebuyers by converting a portion of their mortgage interest into a dollar-for-dollar tax credit each year.

Eligible for: First-time homebuyers (with exceptions for targeted areas and qualifying veterans) who meet IHCDA income and acquisition price limits, obtai…

Funding: Provides a federal income tax credit equal to a program defined percentage of annual mortgage interest paid, commonly around 20 to 25 percent, capped at 2000 dollars per year for the life of the original mortgage while the borrower lives in the home, reducing after tax housing costs instead of providing cash at closing.Deadline: Rolling; available while IHCDA MCC allocation lasts and must be reserved at loan application through a participating lender.RollingStatewidehomebuyerfirst-time homebuyerveteranIndiana residentlow-income homebuyermortgage credit certificatetax creditlong-term affordabilityfirst-time homebuyer benefit

MassHousingMAFirst-Time HomeownerState housing finance agency platform that delivers affordable 30 year fixed rate MassHousing mortgages through participating lenders and allows eligible buyers to add agency backed down payment assistance up to 30000 dollars to reduce cash needed at closing.

Updated: Dec 6, 2025

Statewide MassHousing homebuyer portal offering affordable fixed-rate mortgages, down payment assistance, and homebuyer education to first-time and modest-income buyers across Massachusetts.

Eligible for: Households with modest incomes purchasing a 1–4 unit primary residence (single-family, condo, or 2–4 family) anywhere in Massachusetts who m…

Funding: MassHousing mortgages can be combined with down payment assistance of up to 30000 dollars statewide to help eligible first time and modest income buyers cover down payment and closing costs while keeping monthly payments affordable.Deadline: Rolling; MassHousing loans and assistance are offered year-round through participating lenders, subject to program funding.RollingStatewidehomebuyerfirst-time homebuyerlow-income homebuyerMassachusetts residentowner-occupantdown payment assistanceclosing cost assistanceaffordable mortgagehomebuyer educationlow down payment

City of Salem, MA – Department of Planning & Community DevelopmentMAFirst-Time HomeownerCity housing office that uses local, state and federal funds to offer first time homebuyer down payment assistance loans, housing rehabilitation loans and landlord assistance programs alongside broader housing stability resources.

Updated: Dec 6, 2025

City of Salem housing resource hub featuring the First-Time Homebuyer Downpayment Assistance Loan Program plus rehab, landlord, and housing stability programs for residents.

Funding: The First-Time Homebuyer Downpayment Assistance Loan Program provides down payment assistance loans to income eligible buyers purchasing in Salem, while separate rehab and landlord programs offer financing for owner occupied and investor owned properties; specific loan sizes and terms are defined in individual program guidelines rather than as a single flat grant amount on this overview page.Deadline: Low- and moderate-income first-time homebuyers seeking to purchase a primary residence within Salem city limits who can provide required matching funds and meet program income and underwriting guidelines; separate rehab and landlord assistance programs serve income-eligible owners and landlords of 1–7 unit properties.RollingLocalhomebuyerfirst-time homebuyerlow-income homebuyerhomeownerlandlordSalem residentdown payment assistancerehabilitation loanlandlord assistancehousing stabilityhomebuyer education