Homeownership can feel like a distant dream, especially with rising costs. But don’t worry—there are programs across the U.S. designed to make owning a home more attainable. From substantial down payment assistance to affordable mortgage options, here’s a roundup of initiatives that can help you step into your new home.

🏡 Norfolk, Virginia: Up to $60K in Assistance

Norfolk’s HOME Investment Partnership Program offers eligible first-time homebuyers up to $60,000 in down payment and closing cost assistance. The best part? It’s 100% forgivable if you live in the home for at least 10 years. ​

• Contact: Visit NRHA.us for more information.

🏠 NACA: No Down Payment, No Closing Costs

The Neighborhood Assistance Corporation of America (NACA) provides a mortgage program with no down payment, no closing costs, and no private mortgage insurance. It’s designed to make homeownership accessible for low-to-moderate-income individuals. ​

• Contact: Call (425) 602-6222 or visit naca.com to learn more.

🌽 Nebraska: Assistance for Homebuyers and Farmers

The Nebraska Investment Finance Authority (NIFA) offers programs for first-time homebuyers, including down payment and closing cost assistance. Additionally, beginning farmers can access resources to help purchase land and equipment.

• Contact: Explore options at nifa.org or call (800) 204-6432.

🏙️ Baltimore, Maryland: Multiple Incentives Available

Baltimore offers several programs to assist homebuyers:​

• Direct Homeownership Assistance Program: Provides financial incentives for purchasing a home in Baltimore City.
• First-Time Homebuyers Incentive Program: Offers additional support for first-time buyers.
• Contact: Call (410) 396-3124 or visit livebaltimore.com for more details.​

🗽 New York City: Up to $100K for First-Time Buyers

The HomeFirst Down Payment Assistance Program provides up to $100,000 for down payment or closing costs to eligible first-time homebuyers in NYC. Applicants must complete a homebuyer education course and meet income requirements. ​

• Contact: Visit nyc.gov or call 212-863-7990.​

🌾 Nationwide: USDA Farm Ownership Loans

For those interested in rural living, the USDA offers Farm Ownership Loans with up to 100% financing to help purchase or expand family farms. Loans can also be used to improve farm operations.

• Contact: Learn more at fsa.usda.gov.​

Final Thoughts

Homeownership is within reach, thanks to these programs designed to assist with down payments, closing costs, and more. Whether you’re buying your first home, seeking to settle in a new city, or looking to start a farm, there’s support available to help you achieve your dream.​

Know of other programs or have experiences to share? Drop them in the comments and let’s help each other navigate the path to homeownership!

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