First Time Homebuyer

The Homebuyer Dream Program helps reduce the cost to buy a home. First-time homebuyers may be eligible for grants up to $10,000. Funds are limited (with no guarantee of approval). You may eligible for $9,500 towards the down payment and/or closing costs of a one to four-family home or condo and $500 towards non-profit homeownership counseling.

The Program will be administered as one annual round for the submission of HDP Reservation Requests. The round will open on March 21, 2022 and remain open through November 30, 2022 or until funds are exhausted, whichever occurs first.

You must meet the following requirements to apply for a Homebuyer Dream Program grant.

• Homebuyer Status: First-time homebuyer or no ownership of a home for the past 3 years
• Household Income: 80% or below area median income (AMI) in the county of house purchase
• Homebuyer Contribution: $1,000 minimum toward house purchase
• Employment: Full-time employee (32+ hours/week)
• Class: Must attend homeownership counseling class (cost covered by grant)
• Other restrictions may apply, click "Find Out More" for additional guidelines