Down Payment Assistance (DPA) Programs help homebuyers cover part or all of their required down payment and sometimes closing costs. Offered by state or local agencies, nonprofits, or lenders, these programs make homeownership more accessible for low- to moderate-income buyers. Assistance may come as a grant, forgivable loan, or repayable loan with favorable terms. DPA programs reduce upfront financial barriers, allowing qualified buyers to purchase homes sooner while maintaining manageable monthly mortgage payments.
