The WORTH Down Payment Assistance Program offers grants up to $8,000 to support first-time home buyers in achieving homeownership. To apply for the program:
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You must complete 8 hours in Home Buyer Counseling with a HUD Certified Home Buyer Counseling Agencies (HBCA’s) based in Milwaukee (see in section below)
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You must be a first-time home buyer purchasing a home in Milwaukee County (e.g. not owned a home within the last 3 years) and purchasing a single-family home, duplex, or condo
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There are separate funds available for families living at or below 60% of HUD Area Median Income (AMI) and 100% AMI. See chart in the flyer below for income eligibility.
Purchasing a home is a significant financial commitment, but there are various down
payment assistance programs available that can be combined to make this goal more achievable. Funds are limited and additional rules apply, discuss these options with your home buyer counselor. Depending on your income, you could be eligible for down payment assistance, including, but not limited to:
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Housing Cost Reduction Initiative (HCRI), up to $8,000
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Milwaukee Home Down Payment Assistance, up to $7,000
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WORTH Down Payment Assistance, up to $8,000
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Other resources may also be available.
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Contact a HUD certified Home Buyer Counseling Agency (HBCA) today for more information. Here is a list of Milwaukee based are listed below, click on the logo to be redirected to their services.