Housing Down Payment Loans/grants (AMERICAN DREAM DOWNPAYMENT INITIATIVE) | City Of Cincinnati

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

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