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Down Payment Assistance
Applications for the 2011 Down Payment Assistance Program are now available. There is a link to the application at the bottom of this page.
Down Payment Assistance is available to first time home buyers. Applicants for the 2011 Kettering Down Payment Assistance Program must have a certificate of completion of an 8-hour HUD approved Home Buyer Course. The HomeOwnership Center of Dayton is a partner with the City of Kettering for this program. For more information about their programs and course dates, please call them at 937-853-1604 or visit their web page at HomeOwnership Center of Greater Dayton.
Applicants must have eligible incomes below 80% of the area median income and be willing to live in the home as their primary residence for 5 years. See income limits below.
2012 Income Limits (80% of median)
Family Size |
|
Family Income |
1 |
|
$35,500 |
2 |
|
$40,550 |
3 |
|
$45,600 |
4 |
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$50,650 |
5 |
|
$54,750 |
6 |
|
$58,800 |
7 |
|
$62,850 |
8 |
|
$66,900 |
Download the Down Payment Assistance Loan Program Application
View the Current Down Payment Assistance Guidelines and Loan Subordination Policy
The State of Ohio also offers many products than can assist with home ownership, including grants and low interest loans. For more information about the state programs, visit their web site at www.ohiohome.org |
