THDA Great Choice Plus Down Payment Assistance

Tennessee Housing Development Agency

Available Down Payment

About This Program

Forgivable second mortgage loan for down payment and closing costs. Forgiven after 15 years or when first mortgage is paid off. Must be used with THDA first mortgage loan.

Grant amount based on purchase price, up to maximum

Key Details

  • Up to $15,000 forgivable down payment loan
  • Must use with THDA Great Choice first mortgage
  • Forgiven after 15 years or when first mortgage paid
  • Income and purchase price limits apply
  • For first-time and qualified repeat buyers

How to Apply

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

Deadline: Rolling applications through approved lenders

Need a Contractor for This Grant?

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

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