This program provides down payment and closing cost assistance to help you settle into your new home. Qualified homebuyers can receive up to $5,000 in Welcome Home grant money for a single household based on program guidelines.
Program Details
- Program reservations begin March 2, 2020, and continue until funds run out. Funds are first-come, first-served.
- No purchase price limitation.
- Funds may only be used for down payment, closing costs and counseling costs.
- Homebuyer must contribute at least $500 of their owns funds towards down payment and/or closing costs. Up to 60% of the $500 may be received as a gift.
- A homeownership counseling program must be completed by first-time homebuyers
- Homebuyers must remain in the home for 5 years, or repayments of the grant may be required.
- Annual household income cannot exceed 80% of Mortgage Revenue Bond income limits established by the appropriate state housing finance agency.
County |
1-2 Persons |
3+ Persons |
| Allen County |
$56,720 |
$65,228 |
| Van Wert County |
$56,720 |
$65,228 |
| Putnam County |
$60,800 |
$69,920 |
| Paulding County |
$56,720 |
$65,228 |
| Auglaize County |
$58,650 |
$67,344 |
| Hancock County |
$59,200 |
$68,080 |
| Mercer County |
$58,480 |
$67,252 |
| Defiance County |
$56,720 |
$65,228 |
