Dreaming of owning a home but struggling with upfront costs? The $20,000 Down Payment Assistance program could be your golden ticket. Designed to help first-time and eligible repeat buyers, this initiative offers up to $20,000 in forgivable grants or low-interest loans to cover your down payment and closing costs.
First-time buyers (no home ownership in the past 3 years)
Public service workers: teachers, nurses, first responders, veterans
Income within program limits (typically ≤ 80–120% of area median income)
Must use the home as a primary residence
Completion of a homebuyer education course
Find a participating lender—not all banks offer this program
Get pre-approved for a mortgage
Complete a homebuyer education course
Submit your application once under contract
Contribute at least $1,000 of your own funds toward the purchase
This assistance can dramatically reduce your out-of-pocket expenses and make homeownership more attainable—especially in competitive markets. And in many cases, the grant is forgiven after five years, meaning you won’t have to pay it back if you stay in the home.