Homebuyer Assistance Program

Posted on May 26, 2023 by in
Homebuyer Assistance Program
  • Program Name: Homebuyer Assistance Program
  • Assignment: $695,000,000
  • Description: The Program utilizes CDBG-DR funds to provide direct assistance to homebuyers to facilitate and expand homeownership by using such assistance to: Subsidize interest rates and mortgage principal amounts, pay up to 100 percent (100%) of the down payment required by the mortgage for the purchase on behalf of the purchaser and pay reasonable closing costs associated with the home purchase on behalf of the purchaser for LMI homebuyers only. Such assistance will be offered through a grant.

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FileAction
Program Guidelines (V8.0) -- Posted 07/26/2023Download
Program Guidelines (V7.0) -- Posted 05/26/2023Download
Program Guidelines (V6.0) -- Posted 12/16/2022Download
Program Guidelines (V5.0) -- Posted 11/07/2022Download
Program Guidelines (V4.0) -- Posted 11/18/2021Download
Program Guidelines (V3.0) -- Posted 10/22/2020Download
Program Guidelines (V2.0) -- Posted 07/21/2020Download
Program Guidelines (V1.0) -- Posted 07/01/2020Download
URA & ADP Guide (V4.0) -- Posted 12/19/2022Download
Cross Cutting Guidelines (V3.0) -- Posted 06/08/2021Download