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 ⇒
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