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Down payment assistance programs continue to grow, with an average benefit of $17K

As the year comes to a close, states are adding more down payment assistance (DPA) programs to help first-time buyers achieve homeownership.

Down Payment Resource — a national database for connecting prospective homebuyers to financial assistance programs — recently released its newest Homeownership Program Index (HPI) report based on data collected in third-quarter 2024.

The report found 29 new DPA programs — a 1.2% increase from the prior quarter and an 8% increase from the end of last year. The total number of programs sits at 2,444. California stands out with the most first-time buyer programs and available funding. Programs details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com