805 Central Avenue, Cincinnati, OH 45202

Monday - Friday, 8:30 a.m. - 5:00 p.m.

Application required. Applications may be printed from https://choosecincy.com/homeowner-renter-assistance/american-dream-down-payment-initiative-addi/ 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.

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.