Buying a home is a major milestone — but for many families, the down payment is the biggest hurdle standing in the way of that dream. At GH Housing Foundation, we believe that income level shouldn’t determine whether or not you have a place to call your own. That’s why we offer and support Down Payment Assistance (DPA) programs designed to help first-time and low-to-moderate income homebuyers take the next step toward homeownership.

♢ What Is Down Payment Assistance?

Down Payment Assistance is financial help — either in the form of a grant, forgivable loan, or deferred-payment loan— that helps cover the upfront cost of your home purchase. These programs are designed to make buying a home more accessible by easing the cash burden that often prevents renters from moving forward.

♢ Who Qualifies?

While guidelines vary, most programs are designed for:

• First-time homebuyers (or those who haven’t owned a home in 3+ years)

• Low- to moderate-income households

• Buyers who plan to live in the home as their primary residence

• Individuals who complete a homebuyer education course.

How Does It Works?

Here’s a typical breakdown:

• You apply through an approved nonprofit, housing agency, or lender.

• If approved, your DPA funds are applied at closing to reduce your down payment or closing costs.

At GH Housing Foundation, we work closely with buyers to determine eligibility and connect them to the best-fit programs

♢ Why This Matters?

The average down payment can range from $10,000 to $30,000 or more, depending on your location and loan type. For many working families, saving that much money can take years — or feel completely out of reach.

Down Payment Assistance can help:

• Break the cycle of renting

• Build generational wealth

• Stabilize families and communities

• Reduce housing insecurity

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♢ Ready to Get Started?

If you’re dreaming of owning a home but feel stuck because of the upfront cost, we’re here to help. Reach out today to see if you qualify for our down payment assistance programs — and take your first step toward homeownership.