Down Payment Assistance Program

Buying your first home? Get some financial help.

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Grants of up to $32,099 available to help with down payments

Household income must be at or below 80% of area's Average Median Income

Funds must go toward purchase of primary residence

Borrowers must complete homebuyer counseling program

Our WISH can turn your dreams into reality

For many people, the biggest hurdle to buying a home is coming up with tens of thousands of dollars for a down payment. The Workforce Initiative Subsidy for Homeownership (WISH) provides grants that can reduce your out-of-pocket contribution to your down payment to a manageable amount.

Grants are for first-time homebuyers or anyone who hasn't owned a home in three years with a household income at or below 80% of the area's Average Median Income
For every $1 you put toward your down payment, you can get $4 in grant funds. So if you put up $5,000, you are eligible for $20,000 in funds.*
Maximum loan amount under WISH program is $806,000*

* The Workforce Initiative Subsidy for Homeownership (WISH) is a First-Time Homebuyer Program that offers matching grants to qualified first-time homebuyers. Program provides a one-time 4:1 match of the borrower's contribution towards down payment and closing costs. For example, a borrower must contribute $8,000 to qualify for a $32,000 grant. Maximum grant in 2025 is $32,099; max loan amount $806,500. Borrower contribution can come from household savings and/or gift funds. Other grants and/or credit/concessions from a party of the transaction are not considered homebuyer contribution. Must be first-time homebuyer according to FHLB definition and restricted to households at or below 80% Area Median Income, based on the location of the household's residence and adjusted for household size. To be eligible, participant must occupy property as a primary residence and complete a homebuyer counseling program provided by an experienced organization. Grant may be forgiven after five years of occupancy.

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