Eugene Downpayment Assistance Program

Are you saving to buy a house? Eligible homeowners may qualify for up to $40,000.*

The 2022 Eugene Downpayment Assistance Program provides no interest, forgivable loans of up to $40,000 for first time home buyers to cover a portion of the down payment/closing costs associated with their purchase of a home.

Here some frequently asked questions:

How much is it?

Eligible house may apply for up to $40,000

What is the income eligibility?*

Your household gross income must be at or under the following income limits

Income Limits

What is the other eligibility?

  • Be a “first-time homebuyer.” That is, you cannot have owned a home in the past three years.
  • Purchase in the City of Eugene
  • Purchase a single-family home, including a detached home, a condo, or a manufactured home on owned land
  • Occupy the home
  • Have a minimum of $1500 of your own saving for downpayment (or a minimum of 3.5% of the purchase price if you are getting an FHA loan)
  • Additional loan requirements

What are the required to apply for downpayment assistance?

Is there a cost for the required homeownership class and counseling?

Yes, $75.

What is down payment assistance and how does it work?

Downpayment assistance is a zero-interest loan for first-time homebuyers to help cover a portion downpayment and closing costs.

Is it a loan or a grant?

It’s a non-interest bearing, forgivable loan.

If you have any additional questions, please email and put “DPA question” in the subject line.