HomeOwnership Grants

Grants to HomeBuyers are available from various sources. Some grants can combined. Please use the following resources as a starting point in looking for grants. Please understand that programs do expire as a result some of the links below will not work at various times during the year, or have been removed because the program is no longer offered.

CCBC NFDM does not offer grants. We offer the counseling and education certificate course to that may be required to qualify for some of the grants below.

Housing Counseling

State Mortgage Finance Agency Downpayment Assistance Programs

Many state mortgage finance agencies offer downpayment assistance. Here is a list of the MFA's that offer downpayment assistance. If your state is listed they may not offer downpayment assistance (at least at the time we researched their sites) but may offer reduced interest rate mortgages for first time HomeBuyers.

Alaska - Alaska Housing Finance Corporation offers a variety of grant programs to ensure that Alaskans have access to safe, quality, affordable housing.

Arizona - Arizona Department of Housing, the Authority is able to issue Multi-Family Revenue Bonds for rental projects, low interest Single-Family Mortgage Revenue Bonds for first-time HomeBuyers’ primary financing, and Mortgage Credit Certificates to help provide additional income for first-time HomeBuyers through tax credits.

Arkansas - the Arkansas Development Finance Authority (ADFA) initiated the Downpayment Assistance (DPA) Program. ADFA has DPA for qualifying applicants of a first mortgage.  The DPA ranges from $1,000 to $6,000 for closing cost assistance. 




Delaware - Delaware's First-Time Home Buyers Program provides first mortgage financing at below-market interest rates to low- and moderate-income Delaware home buyers who have not owned a home in the past three years.

Florida - Florida Department of Community Affairs, Division of Housing and Community Development offers a number of programs to first time home buyers

Georgia - The Georgia Dream HomeOwnership Program makes purchasing a home more affordable for low-to-moderate income families and individuals by offering fixed, low-interest rate mortgages loans.

Hawaii - The Department of Hawaiian Home Lands Home Ownership Assistance program offers a HomeOwnership Center of resources


Illinois - the Illinois Housing Development Authority’s Affordable Housing Trust Fund Program offers low- and very low-income individuals help via down payment and closing cost assistance.


Iowa - Homeownership is the American dream, and each year the Iowa Finance Authority helps thousands of Iowans achieve it.

Kansas - The Kansas Housing Resources Corporation offers a First Time Homebuyers Program (FTHB) that provides down payment assistance to qualified Kansas buyers for the purchase of their first home

Kentucky - Kentucky Housing Corporation, as the state housing finance agency, is committed to putting people first as we continue to build partnerships and push the boundaries of traditional housing provision and support methods, and offers Down Payment and Closing Cost Assistance.


Maine - Maine Housing has several programs that can make it easier and more affordable to buy the home you want.





Mississippi - the Mississippi Home Corporation developed a Down Payment Assistance Program for low to moderate income first-time homebuyers. The program is available statewide

Missouri - The Missouri Housing Development Commission offers the First Place Loan program gives first-time* homebuyers the edge they need to purchase a home.  Affordable, below market interest rates allow prospective buyers to obtain mortgage financing in a competitive market. Individual buyers may also be eligible for a 3% cash assistance grant that will help them with down payment and closing costs.


Nebraska - The Nebraska Investment Finance Authority Homebuyer Assistance (HBA) Mortgage provides down payment and closing cost assistance.

New Hampshire - New Hampshire Housing offers a Cash Assistance Option to their Single Family Mortgage Program that provides a cash assistance grant equal to a maximum of 4% of the loan amount to help borrowers defray the cost of down payment, closing costs, and prepaid escrow expenses associated with purchasing a home.

New Jersey - NJ Department of Community Affairs funds IDA's (Matched savings accounts to help low-income families accumulate funds specifically for high-return investments in home ownership, education or small-business ownership)

New Mexico

New York - State of New York Mortgage Agency (SONYMA) is dedicated to providing affordable home ownership opportunities to low and moderate income families in the State of New York through low interest rate mortgages.

North Carolina - the North Carolina Housing Finance Agency may be able to help you with downpayment assistance or second mortgage up to $20,000

North Dakota - North Dakota Housing Finance Agency offers downpayment assistance equal to three percent of the Start first mortgage.  The help is in the form of a credit to the borrowers at the time of loan closing.

Ohio - The Ohio Housing Finance Agency offers down payment and closing cost assistance to eligible borrowers, which can greatly reduce their out-of-pocket expense. Homebuyers can choose between a down payment assistance grant in an amount equal to 2% of the home's purchase price, or a second mortgage in an amount up to 4% of the purchase price of the home secured by the first mortgage single family bond loan.

Oklahoma - Oklahoma Housing Finance Agency offers down payment and closing cost assistance called the1st Gold program.

Oregon - The Oregon Housing and Community Services (OHCS) offers a downpayment and closing cost assistance program called the Purchase Assistance Loan (PAL).

Pennsylvania - Pennsylvania Housing Finance Agency offers a HOMEstead program for up to $35,000 in downpayment and closing cost assistance in the form of a no-interest, second mortgage loan.

Rhode Island

South Carolina - South Carolina State Housing also offers up to $4,000 to assist eligible borrowers with their down payment and closing costs.

South Dakota - the South Dakota Housing Development Authority (SDHDA). SDHDA will provide up-front downpayment and closing costs financing assistance for qualified low-income families who are first-time homebuyers.

Tennessee - TENNESSEE HOUSING DEVELOPMENT AGENCY, working through Partner Agencies, assists first-time home buyer families with $5,000 of down payment, closing cost and principal buy-down assistance

Texas - Texas Department of Housing and Consumer Affairs has the Texas First Time Homebuyer Program that offers income eligible homebuyers a grant equal to 5% of the mortgage amount.


Vermont - Vermont Housing Finance Agency's Cash Assistance Rate provides borrowers with funds to be applied towards downpayment and/or eligible closing costs as a Second Mortgage at a 0% interest rate.



West Virginia


Wyoming - From time to time, the Wyoming Community Development Authority is able to offer programs to assist homebuyers with a portion of their Down Payment and Closing Costs.


Debt Counseling

Have you paid down your debts enough to buy a home?

You may need to discuss your credit card debts with our certified and knowledgable counselors to see if you should get out of debt before you purchase a new home. (Provided by National Foundation for Debt Management)

1. Credit Counseling

2. Budget Counseling

3. Debt Management Programs





Federal Home Loan Banks

The Federal Home Loan Banks (FHLB) are 12 regional cooperative banks that the member lending institutions use to finance housing and economic development in their communities.

The Member Banks offer the Down-Payment and Closing Cost Assistance, not the FHLB. To find grants available you first find the closest bank to you, then look at the programs they offer, finally find their Member banks on their website.

For example, the FHLB of New York offers the "First Home Club" (sm) which is a $4 matching program for every $1 saved. Great Program!

To find out where it is offered, look in their Membership List and call the closest bank to you and ask if they are offering the "First Home Club" and how to get enrolled.


Here is a list of the 12 FHLB Banks with the link to their grant programs offered to members, who offer it to you:






Des Moines


New York


San Francisco





US Department of Housing and Urban Development

HUD has fantastic resources for your Home Ownership Grants and Downpayment Assistance

AL Alabama

AK Alaska

AZ Arizona

AR Arkansas

CA California

CO Colorado

CT Connecticut

DE Delaware

DC District of Columbia

FL Florida

GA Georgia

HI Hawaii

ID Idaho

IL Illinois

IN Indiana

IA Iowa

KS Kansas

KY Kentucky

LA Louisiana

ME Maine

MD Maryland

MA Massachusetts

MI Michigan

MN Minnesota

MS Mississippi

MO Missouri

MT Montana

NE Nebraska

NV Nevada

NH New Hampshire

NJ New Jersey

NM New Mexico

NY New York

NC North Carolina

ND North Dakota

OH Ohio

OK Oklahoma

OR Oregon

PA Pennsylvania

RI Rhode Island

SC South Carolina

SD South Dakota

TN Tennessee

TX Texas

UT Utah

VT Vermont

VA Virginia

WA Washington

WV West Virginia

WI Wisconsin

WY Wyoming

United States

State Mortgage Finance Agencies

Most states have first time home buyer programs administered by their State Mortgage Finance Agencies. Most offer low cost loans in one form or another to assist the first time homebuyer. Below is a list of the state mortgage finance agencies name and web site for reference:

Alabama Housing Finance Authority www.ahfa.com

Alaska Housing Finance Corporation www.ahfc.state.ak.us

Arizona Department of Housing/Arizona Housing Finance Authority  www.housingaz.com

Arkansas Development Finance Authority  www.state.ar.us/adfa

California Housing Finance Agency www.calhfa.ca.gov

Colorado Housing and Finance Authority  www.colohfa.org

Connecticut Housing Finance Authority www.chfa.org

Delaware State Housing Authority  www.destatehousing.com

District of Columbia Department of Housing and Community Development  dhcd.dc.gov

District of Columbia Housing Finance Agency  www.dchfa.org

Florida Housing Finance Corporation  www.floridahousing.org

Georgia Department of Community Affairs/ Georgia Housing and Finance Authority www.dca.state.ga.us

Hawaii Housing Finance and Development Corporation www.hawaii.gov/dbedt/hhfdc

Idaho Housing and Finance Association  www.ihfa.org

Illinois Housing Development Authority  www.ihda.org

Indiana Housing and Community Development Authority  www.in.gov/ihfa 

Iowa Finance Authority  www.IowaFinanceAuthority.gov

Kansas Housing Resources Corporation  www.kshousingcorp.org

Kentucky Housing Corporation  www.kyhousing.org

Louisiana Housing Finance Agency  www.lhfa.state.la.us

Maine Housing  www.mainehousing.org

Maryland Department of Housing and Community Development  www.dhcd.state.md.us

Massachusetts Department of Housing & Community Development  www.state.ma.us/dhcd

Mass Housing  www.masshousing.com

Michigan State Housing Development Authority  www.michigan.gov/mshda

Minnesota Housing  www.mhfa.state.mn.us

Mississippi Home Corporation www.mshomecorp.com

Missouri Housing Development Commission www.mhdc.com

Montana Board of Housing/Housing Division  http://housing.mt.gov

Nebraska Investment Finance Authority  www.nifa.org

Nevada Housing Division  www.nvhousing.state.nv.us

New Hampshire Housing Finance Authority  www.nhhfa.org

New Jersey Housing and Mortgage Finance Agency  http://www.state.nj.us/dca/hmfa/

New Mexico Mortgage Finance Authority  www.housingnm.org

New York City Housing Development Corporation  www.nychdc.com

New York State Division of Housing and Community Renewal www.dhcr.state.ny.us

New York State Housing Finance Agency/ State of New York Mortgage Agency  www.nyhomes.org

North Carolina Housing Finance Agency  www.nchfa.com

North Dakota Housing Finance Agency www.ndhfa.org

Ohio Housing Finance Agency www.ohiohome.org

Oklahoma Housing Finance Agency www.ohfa.org

Oregon Housing and Community Services  www.ohcs.oregon.gov

Pennsylvania Housing Finance Agency www.phfa.org

Puerto Rico Housing Finance Authority  www.gdp-pur.com

Rhode Island Housing  www.rihousing.com

South Carolina State Housing Finance and Development Authority  www.schousing.com

South Dakota Housing Development Authority  www.sdhda.org

Tennessee Housing Development Agency  www.tennessee.gov/thda

Texas Department of Housing and Community Affairs  www.tdhca.state.tx.us

Utah Housing Corporation  www.utahhousingcorp.org

Vermont Housing Finance Agency  www.vhfa.org

Virgin Islands Housing Finance Authority  www.vihfa.gov

Virginia Housing Development Authority  www.vhda.com

Washington State Housing Finance Commission  www.wshfc.org

West Virginia Housing Development Fund  www.wvhdf.com

Wisconsin Housing and Economic Development Authority  www.wheda.com

Wyoming Community Development Authority  www.wyomingcda.com