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Homebuyer’s Education
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| Homebuyer’s Financial Assistance |
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Homebuyer's Financial Assistance
AHCDC assists clients that are financially and income qualified in three important areas:
1.We can provide information and contacts to obtain low-cost financing and down payment assistance up to $5,000.
2.Through Tennessee Housing Development Agency, AHCDC offers a program with 0% financing on 75% of the cost of a new home that we build.
3.Financial assistance may be available up to $14,999 in the form of a 5 year forgivable grant to make your home purchase more affordable.
The maximum assistance in most programs or combination of programs is $20,000 and is also limited to the amount the buyer actually needs.
Financial assistance for all programs is provided based on meeting AHCDC requirements for counties being served, HUD and/or THDA income guidelines as well as lender credit requirements. Click here ahcd@bellsouth.net to email an AHCDC counselor or call (731) 422-1366 to request more information.
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Home Construction and Rehabilitation |