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.

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

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Latest opportunities (296)

Purchase Assistance Programs – Pennsylvania Housing Finance Agency (PHFA)

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Pennsylvania Housing Finance Agency (PHFA)PAFirst-Time HomeownerState housing finance agency purchase assistance delivered as small grants and zero interest or forgivable second mortgages that must be paired with a PHFA first mortgage.

Updated: Dec 6, 2025

Statewide down payment and closing cost assistance and low-interest mortgage programs for Pennsylvania homebuyers.

Eligible for: Buyers using PHFA mortgage programs, meet credit/income/purchase-price limits; some programs require first-time status or targeted area purc…

Funding: Describes several assistance options including a PHFA grant of up to about 500 dollars for Own Up participants, Keystone Advantage Assistance loans up to 4 percent of the purchase price or 6000 dollars, and K FIT assistance of up to 5 percent of the purchase price that may be forgiven over time, with specific benefit level depending on the chosen program and loan type.Deadline: Rolling / availability varies by program RollingStatewide (Pennsylvania)homebuyerfirst-time homebuyerrepeat homebuyerlow-income homebuyermoderate-income homebuyerPennsylvania homebuyerdown payment assistanceclosing cost assistancegrantsecond mortgageforgivable loanstate housing finance agencyhomebuyer education required

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Grants/Down Payment Assistance – AHCOPA

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Affordable Housing Centers of Pennsylvania (AHCOPA)PAFirst-Time HomeownerNonprofit administered portfolio of down payment and closing cost grants that can be layered with other resources and are tied to housing counseling and credit readiness services.

Updated: Dec 6, 2025

Non-profit housing counseling agency providing access to multiple down payment/closing cost assistance grants for eligible Pennsylvania homebuyers.

Eligible for: First-time homebuyers (or homeowners returning after 3 years), income eligibility, completing homebuyer education via AHCOPA.

Funding: Features grant programs such as NeighborhoodLIFT that can provide up to about 15000 dollars in down payment and closing cost assistance, along with other grants and savings match programs that may be combined to reduce the upfront cash needed to purchase.Deadline: Rolling / until funds exhaustedRollingNonprofit service area (Pennsylvania, with emphasis on Philadelphia and surrounding counties)homebuyerfirst-time homebuyerreturning homebuyerlow-income homebuyermoderate-income homebuyerPennsylvania homebuyerPhiladelphia homebuyerdown payment assistanceclosing cost assistancegrantforgivable assistancelayered fundingnonprofit housing counselinghomebuyer education required

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Buy Your First Home – City of Philadelphia (“Philly First Home”)

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Philadelphia Division of Housing & Community Development (DHCD)PAFirst-Time HomeownerCity funded grant that provides up front assistance for down payment and closing costs to eligible first time homebuyers purchasing in Philadelphia.

Updated: Dec 6, 2025

Municipal program offering meaningful aid to first-time buyers in Philadelphia to reduce upfront costs and support stable homeownership.

Eligible for: First-time homebuyers (no ownership in last 3 years), purchase in Philadelphia (single-family or duplex), complete city-funded homeownership…

Funding: Provides grant assistance up to 10000 dollars or up to 6 percent of the purchase price, whichever is less, applied toward down payment and closing costs to reduce the cash needed to buy a home in Philadelphia.Deadline: Rolling / until funds exhaustedRollingCity (Philadelphia, Pennsylvania)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerPhiladelphia homebuyerPennsylvania homebuyerdown payment assistanceclosing cost assistancegrantcity programfirst-time buyer programhomebuyer education required

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1st-Home Illinois Down Payment Grant Program

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Federal Housing AuthorityILFirst-Time HomeownerState-supported down payment grant program, described by FHA.com, that provides a forgivable or non-repayable grant when paired with an eligible first mortgage for first-time buyers in Illinois.

Updated: Dec 6, 2025

A standout grant program offering up to $10,000 to first-time homebuyers in Illinois toward down payment and closing costs, lowering upfront purchase barriers and supporting homeownership among eligible households.

Eligible for: First-time homebuyers in Illinois (typically no ownership last 3 years), meet income & purchase price limits, purchasing eligible home in IL…

Funding: Offers up to $10,000 in assistance that can be used toward down payment and closing costs for eligible first-time homebuyers, with grant structure and forgiveness terms determined by the administering state housing agency and participating lenders.Deadline: Rolling / while funds lastRollingStatewide (Illinois)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerIllinois homebuyerdown payment assistanceclosing cost assistancegrantstatewide program

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Down Payment Assistance Program – Cook County

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Cook County Bureau of Economic DevelopmentILFirst-Time HomeownerCounty-run forgivable second-mortgage program that provides down payment, closing cost, and mortgage rate buydown assistance to income-eligible homebuyers purchasing 1–2 unit properties in Cook County.

Updated: Dec 6, 2025

Offers substantial down payment or closing cost support to homebuyers in Cook County to help bridge upfront purchase cost barriers.

Eligible for: Eligible homebuyers for 1-2 unit property in Cook County, credit score ≥ 620, DTI ≤ 50%, income ≤ 120% AMI unless purchasing in a Targeted A…

Funding: Provides up to 5 percent of the sale price, capped at 25,000 dollars, in forgivable second-loan assistance that can be used toward down payment, closing costs, or interest rate buydowns, with forgiveness tied to compliance with occupancy and program terms while funds are available.Deadline: Rolling / until funds exhausted; reopened June 2025 but currently out of funds.RollingCounty (Cook County, Illinois)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerIllinois homebuyerCook County homebuyerdown payment assistanceclosing cost assistancerate buydownforgivable second mortgagecounty programhomebuyer education required

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Building Neighborhoods & Affordable Homes Program – City of Chicago

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City of Chicago Dept. of HousingILFirst-Time HomeownerCity of Chicago purchase-price assistance program that provides a large subsidy applied directly to the purchase price of newly constructed or substantially rehabilitated homes in targeted neighborhoods for income-eligible first-time buyers.

Updated: Dec 6, 2025

Significant purchase-price assistance targeted at first-time buyers in Chicago to lower barriers in expensive markets and promote new construction/infills.

Eligible for: First-time homebuyers, income-eligible, purchasing newly constructed or rehabbed home in city limits, complete required trainings.

Funding: Offers up to 100,000 dollars in purchase-price assistance that reduces the upfront cost and mortgage amount for qualifying buyers, with exact subsidy and long-term affordability terms determined by City of Chicago program guidelines.Deadline: Rolling / subject to availabilityRollingCity (Chicago, Illinois)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerIllinois homebuyerChicago homebuyerpurchase price assistancedown payment assistanceclosing cost assistancecity programnew constructionrehabbed homeslarge assistance amount

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Purchase Assistance Grants – NHS Chicago

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Neighborhood Housing Services (NHS) ChicagoILFirst-Time HomeownerNonprofit-administered purchase assistance grant program that layers forgivable down payment and closing cost support on top of a first mortgage for buyers in designated Chicago neighborhoods, especially Micro Market Recovery Program (MMRP) areas.

Updated: Dec 6, 2025

Targeted grant assistance for down payment/closing costs for homebuyers in specific Chicago neighborhoods, intended to support neighborhood revitalization and reduce purchase cost barriers.

Eligible for: First-time homebuyers or eligible households buying in certain Chicago “MMRP” areas, income limits up to 120% AMI, complete homebuyer educat…

Funding: Provides up to 30,000 dollars in purchase assistance grants that can be used toward down payment and closing costs, with funds generally forgivable when buyers comply with occupancy and program requirements in the targeted neighborhoods.Deadline: Rolling / while funds lastRollingCity (Chicago, Illinois – designated Micro Market Recovery Program areas)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerIllinois homebuyerChicago homebuyerdown payment assistanceclosing cost assistancegrantforgivable assistanceneighborhood revitalizationnonprofit program

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First-Time Homebuyers Program – Montgomery County PA

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Montgomery County Department of Housing & Community DevelopmentPAFirst-Time HomeownerCounty administered zero interest subordinate loan that provides down payment and closing cost assistance to eligible first time buyers purchasing in Montgomery County.

Updated: Dec 6, 2025

County-level homebuyer assistance providing meaningful support toward upfront purchase costs for eligible first-time buyers.

Eligible for: First-time homebuyers (or not owned a home in last 3 years), income below area median, purchaser must live/work in county, complete counseli…

Funding: Offers assistance up to 10000 dollars or up to 10 percent of the home sale price, whichever is less, structured as a zero interest loan that may be forgiven or become repayable if the home is sold, refinanced, or transferred before the required affordability period.Deadline: Rolling / first-come, funding limited RollingCounty (Montgomery County, Pennsylvania)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerMontgomery County homebuyerPennsylvania homebuyerdown payment assistanceclosing cost assistancezero interest loancounty programfirst-time buyer programhomebuyer education required

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IHDA Mortgage & Down Payment Assistance Programs

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Illinois Housing Development Authority (IHDA)ILFirst-Time HomeownerState housing finance agency mortgage platform that offers 30-year fixed-rate IHDA mortgages bundled with several tiers of down payment and closing cost assistance, structured as forgivable, deferred, or repayable second loans.

Updated: Dec 6, 2025

Comprehensive homebuyer support program offering low-interest 30-year fixed mortgages paired with down-payment/closing-cost assistance of up to $10,000 via forgivable, deferred, or repayable structures—making homeownership more accessible in Illinois.

Eligible for: Rolling / funds available

Funding: Provides multiple assistance options that can offer up to 4 percent of the purchase price (around 6,000 dollars) as a forgivable loan, up to 5 percent (around 7,500 dollars) as a 0 percent deferred loan, or up to 10 percent (around 10,000 dollars) as an interest-free repayable loan amortized over 10 years, all to help cover down payment and closing costs.RollingStatewide (Illinois)homebuyerfirst-time homebuyerrepeat homebuyerlow-income homebuyermoderate-income homebuyerIllinois homebuyerdown payment assistanceclosing cost assistancesecond mortgageforgivable loandeferred loanrepayable loanstate housing finance agency program

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Homebuyer Dream Program® Suite

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Federal Home Loan Bank of New York (FHLBNY)NYFirst-Time HomeownerRegional grant program from the Federal Home Loan Bank of New York that provides up front grant funds for down payment and closing costs to first time homebuyers, with an optional layered HDP Plus component.

Updated: Dec 6, 2025

Up to $30K (or $60K layered) in grant funding for down payment and closing cost assistance, specifically tailored for first-time buyers in NY/NJ region.

Eligible for: First-time homebuyers in the FHLBNY district (New York & New Jersey) earning up to 80% AMI (or 120% for HDP Plus), must complete homebuyer c…

Funding: Offers grant funding up to 30000 dollars per household for down payment, closing costs, and counseling expenses, with the ability to layer additional funds through the HDP Plus option for a combined total of up to about 60000 dollars.Deadline: Rolling / while funding is available; layering allows up to $60K. RollingMulti state (New York and New Jersey within the FHLBNY district)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerNew York homebuyerNew Jersey homebuyerdown payment assistanceclosing cost assistancegrantlayered fundingregional programfirst-time buyer programhomebuyer education required

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HOME Down Payment Assistance Program – Town of Brookhaven

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Town of Brookhaven Housing DivisionNYFirst-Time HomeownerLocally administered HOME-funded down payment and closing cost assistance provided as a subordinate loan to eligible first-time buyers purchasing single-family homes in the Town of Brookhaven.

Updated: Dec 6, 2025

Local down payment assistance of up to $50K for first-time buyers in Brookhaven, NY.

Eligible for: First-time homebuyers purchasing a new or existing single-family home in the Town of Brookhaven, income-eligible, must meet homeownership tr…

Funding: Offers up to 50,000 dollars in assistance toward down payment and closing costs, typically structured as a deferred, forgivable loan secured against the property, with repayment or forgiveness determined by the buyer’s compliance with occupancy and program requirements over the minimum affordability period.Deadline: Applications accepted on a first-come, first-served basis until funding is exhausted. RollingTown (Brookhaven, New York)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerNew York homebuyerBrookhaven homebuyerdown payment assistanceclosing cost assistanceHOME-fundeddeferred loanforgivable loantown program

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Grants/Down Payment Assistance – AHCOPA

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Affordable Housing Centers of Pennsylvania (AHCOPA)PAFirst-Time HomeownerNonprofit administered grant programs that provide down payment and closing cost assistance, typically structured as forgivable or non repayable subsidies paired with required counseling and approved lender participation.

Updated: Dec 6, 2025

Non-profit organization listing multiple down payment assistance grants and programs for first-time homebuyers in various PA regions. Program amounts, eligibility, and availability vary across city/county, nonprofit, employer, seller, and lender-based sources.

Eligible for: First-time homebuyers, must complete homebuyer education/counseling, eligibility and amounts vary by program and region in PA

Funding: Highlights grant based assistance that can reach up to about 15000 dollars in programs such as NeighborhoodLIFT and similar offerings to help cover down payment and closing costs, with exact amounts depending on the specific grant and local funding at the time of application.Deadline: rolling / until funds exhaustedRollingNonprofit service area (Pennsylvania, with emphasis on the Philadelphia region)homebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerPennsylvania homebuyerPhiladelphia homebuyerdown payment assistanceclosing cost assistancegrantforgivable assistancenonprofit housing counselinghomebuyer education requiredlayered assistance

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