: Defined as not having owned a home in the past three years.
: Programs like the Homebuyer Dream Program provide grants up to $30,000 for down payments and closing costs for those earning 80% or less of the Area Median Income. Indirect Federal Grants (State & Local) federal home buying grants
: Most programs are capped at 80%–120% of the Area Median Income (AMI). : Defined as not having owned a home in the past three years
The federal government provides block grants to states and municipalities through the . Local agencies use these funds to create: federal home buying grants
While direct federal grants are rare, the following programs provide significant financial support: