American Housing Assistance Network

Down Payment Assistance Directory

Primarily down payment assistance grants are available from two different types of services. First, government subsidized programs, and second, charitable organizations that utilize a HUD/FHA rule that allows for Down Payment Assistance (DPA) to be given to the homebuyer in the form of a gift or grant.

Government subsidized programs are typically targeted towards lower to middle income families. They will have set income restrictions and might dictate where and what types of homes are eligible to be purchased. In some cases, only first time homebuyers will be eligible.

Charitable Organizations that are allowed to provide Down Payment Assistance Grants or Gifts are relatively new. The whole industry is only about 6-7 years old and was founded by a 501c3 in California called The Nehemiah Program. Shortly after they developed a market for the industry literally hundreds of other groups formed to provide Down Payment Assistance gifts to homebuyers. By mid 2003, the Down Payment Assistance Gift industry was "helping" an estimated 17,000 families per month.

To find a housing assistance program in your local area follow the link below:

National Directory for Housing Assistance Programs

A network to homeownership

To contact us:

AHAN

362 Gulf Breeze Pkwy.

Suite 313

Gulf Breeze, Florida 32561

E-mail:     info@downpaymentgrantmoney.com