THDA Homeownership Assistance Program

Tennessee Housing Development Agency

Available Down Payment

About This Program

Down payment assistance for first-time homebuyers in Tennessee. Combined with a 30-year fixed-rate mortgage through participating lenders. Down payment grant does not require repayment if home is owner-occupied for 15 years.

Grant amount varies by county and income; forgiven after 15 years of occupancy

Key Details

  • Up to $25,000 down payment assistance
  • Must be first-time homebuyer
  • Income limits apply by county
  • Forgiven after 15 years of owner occupancy
  • Must use THDA participating lender

How to Apply

A grant-savvy contractor in Alcoa, TN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Alcoa, TN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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