Housing Down Payment Loans/grants (AMERICAN DREAM DOWNPAYMENT INITIATIVE) | City Of Cincinnati
805 Central Avenue, Cincinnati, OH 45202
Building/office is accessible to people with disabilities.
Open to first-time homebuyers interested in purchasing a home within the city of Cincinnati limits. The borrower's annual household income must not exceed 80% of the area's median income. Funds may be used to purchase a single-family home, condominium unit, cooperative unit, or manufactured housing.
Other documents (Fully accepted purchase contract. City staff will obtain household income information and supporting documentation to determine eligibility after a contract is presented.),Additional documents requested as needed
mon 8:30am - 5:00pm tue 8:30am - 5:00pm wed 8:30am - 5:00pm thu 8:30am - 5:00pm fri 8:30am - 5:00pm
voice | Department of Community & Economic Development
Application required and must be submitted by mail or in person.
Note: applicants must be pre-approved for a mortgage loan prior to applying.
No monthly payments. One-fifth of the loan will be forgiven for every year the owner occupies the home. Home buyers are still responsible for financing the remainder of the house purchase cost through a conventional lender.
Cincinnati, Ohio
Accepts applications for zero-interest, deferred, forgivable loans up to $14,000 to assist with down payment and closing costs for an owner-occupied home within the City of Cincinnati.
211 UWGC
City Of Cincinnati
Government administrative offices for the City of Cincinnati, Ohio.