THDA Great Choice Plus Down Payment Assistance

Tennessee Housing Development Agency

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Tennessee purchasing in non-targeted counties (including Carroll County). Provides 2.5% of loan amount up to $7,500 as forgivable second mortgage, forgiven after 15 years.

2.5% of purchase price up to $7,500; forgiven after 15 years occupancy

Key Details

  • Up to $7,500 forgivable second mortgage
  • 2.5% of loan amount for down payment/closing costs
  • Must be first-time homebuyer (generally)
  • Income limits apply by household size
  • Forgiven after 15 years of occupancy

How to Apply

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

Deadline: Ongoing program subject to funding

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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