Community Development Block Grant (CDBG) Downpayment Assistance Program NOW OPEN
Are down payment and/or closing costs the only missing pieces to help you realize your dream of homeownership?
Many home buyers can afford a monthly mortgage payment but may not be able to pay all or a portion of the down payment and/or closing costs needed to purchase a home.
Eligible Very-Low (50% AMI) and Low (80% AMI)* Income applicants (2021 Income Limits) can receive assistance through the Community Development Block Grant (CDBG) program to pay these costs. The homebuyer must agree to reside in the home as their primary residence.
CDBG downpayment assistance will be provided as a second mortgage loan to purchase existing and newly constructed single family homes and condominiums.
PLEASE NOTE: This application is for Certified Lenders only. If you are an individual interested in this program, please contact one of our participating lenders.
Click below to view brochures related to the program:
CDBG Downpayment Assistance brochure
Folleto de Asistencia para el Pago Inicial de CDBG Versión en Español