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DPA Program
The HOME Consortium Down Payment Assistance Program (DPA) helps eligible first time home buyers with down payment, closing costs, and home repairs. Funds may be used to purchase a single residence, two to four family unit, condominium unit, or manufactured housing.
Some of the rules and requirements of this program are:- Incomes not exceeding 80% of area median income.
- Up to $5,000 loan for down payment or closing costs. The loan is a 0% interest, deferred loan, which means the loan is not required to be paid off until the home is sold or transferred.
- Not owned a home during the past three years
- Eligible Areas for DPA include the counties of Jefferson, Ozaukee, Washington, and Waukesha.
The DPA loan may also be combined with the DPP Down-Payment Plus grant.
More information is available on the Home Consortium DPA website.
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