City of New Orleans Direct Homebuyer Assistance Program

City of New Orleans Office of Community Development

Active Down Payment

About This Program

The City of New Orleans Direct Homebuyer Assistance Program provides down payment and closing cost subsidies to eligible first-time homebuyers, helping bridge the gap between the purchase price and the maximum mortgage loan amount. Funded through CDBG, the program targets households at or below 80% AMI, enabling homeownership that can then be leveraged for future improvement programs.

Down payment and closing cost assistance; amount varies by household gap and available funding. Structured as a deferred loan or forgivable loan.

Key Details

  • Down payment and closing cost subsidies for first-time homebuyers
  • Income at or below 80% AMI
  • Bridges gap between purchase price and mortgage amount
  • Funded through federal CDBG allocation
  • Contact New Orleans OCD at (504) 658-4000

How to Apply

Visit Official Program Page Track this program

504-658-4000

Deadline: Contact New Orleans OCD at (504) 658-4000 for current availability

Need a Contractor for This Grant?

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

Find Contractors in New Orleans, LA Are You a Contractor? Get Listed

Find More Programs in New Orleans, LA

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

See All Programs