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12 first-time home buyer grants for single moms in 2024

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Though real estate prices over the past two years have climbed more than 30% — according to the Case-Shiller U.S. National Home Price index — experts predict a recession is imminent, which is expected to drive down home prices. 

If you’re a single mom who has been looking for a way to purchase your first home, there are a lot of first-time home buyer grants and assistance programs available to help. These programs include: 

These programs offer assistance from down payments and closing costs to affordable financing and loan forgiveness options. All will require a recent work history.

Keep reading for our full list of first-time home buyer grants for single moms. You can also see what kind of mortgage your qualify for:

Bank of America’s Community Homeownership Commitment®

Bank of America’s Community Homeownership Commitment program provides grants  toward down payments and closing costs for first-time home buyers. Grants include:

  • Down payment assistance up to $10,000 or 3% of the purchase price, whichever is less
  • Up to $7,500 in closing costs

You can also apply for the Bank of America Affordable Loan Solution mortgage, which offers home loans up to $647,200 with a 3% down payment and up to $970,800 with a 5% down payment. 

Applicants have to meet certain income requirements (varies by area) and may have to complete a home buyer education program for first-time home buyers from a HUD-approved counseling agency. Mortgage insurance is required.

The Chenoa Fund down payment assistance

The Chenoa Fund is a government-chartered organization that provides up to 5% down payment assistance. There are two down payment loan options.

If you have an FHA loan, the Chenoa Fund offers down payment help for first-time or repeat home buyers in the form of a second loan.

The loan options include:

  • Repayable loan with a 10-year term. It will have a 2% higher interest rate than your FHA home loan and requires a monthly payment.
  • Forgivable loan with a 30-year term and a 0% interest rate. It does not require monthly payments, provided you stay current with payments on your FHA loan.

The forgivable 30-year loan is backed by the government. It offers:

  • A 3.5% down payment loan that’s forgivable after 36 consecutive, timely payments on your FHA mortgage
  • A 5% down payment loan that doesn't have to be paid back if you make 120 consecutive, timely payments on your FHA mortgage

At the end of the 30-year term — if either of the previous forgiveness conditions have not been met — the loan will be forgiven even with late payments on the FHA loan. However, if the individual sells or refinances the home, the loan will need to be repaid at that time.

To qualify, you need a credit score of 600 or higher. There are no qualifying income limits. Anyone can apply. However,  applicants with incomes below 135% of the area median income and a lower debt-to-income ratio can get better rates.

This program is available in every state except New York.

Community Development Block Grants

Community Development Block Grants (CDBGs) provide funding to improve the quality of housing in low-income neighborhoods. HUD sends CDBG funds annually to grantees, including city and county governments.

The Volusia County, Florida government, for example, uses the funds to help first-time home buyers purchase a home. They provide funds for down payments and closing costs, and offer affordable financing terms. That includes a 15-year, 0% interest deferred payment loan that goes toward the cost of the home and closing costs.

Eligibility for programs funded by CDBG grants vary, but for the Volusia County loan specifically, you must be able to afford payments on the mortgage and be a first-time recipient of Volusia County housing assistance, among other requirements.

Your local HUD field office can help you find CDBG grantees in your area that may offer similar initiatives. You can also ask about specific eligibility requirements.

Community Seconds

Community Seconds is a Fannie Mae-approved second mortgage that allows you to use the funds available from state and local governments as well as housing nonprofits to put together a down payment, get help with closing costs and even complete minor renovations.

Helping Public Housing Residents Buy Homes

If you live in public housing and want to buy a home, HUD public housing agencies (PHAs) are helpful resources.

You can get help if:

  • You live in or are eligible for public housing
  • You meet income requirements (varies by area) 
  • You can pay at least 1% of the purchase price as a down payment

PHAs can help you learn about the home-buying process, offer financial assistance for down payments and closing costs, and offer lease-to-buy options for homeownership.

For example, the Philadelphia Housing Authority offers two programs: Housing Choice Homeownership and Section 5 (H) Homeownership. Some requirements of both these programs include: 

To be eligible for Housing Choice Homeownership in Philadelphia, you must:

  • Be a first-time home buyer
  • Own or obtain shares in a cooperative living space
  • Complete an approved housing counseling program
  • Make a minimum of $14,500/year ($6,624/year for disabled applicants)
  • Have at least one year of employment experience and work at least 30 hours per week (unless disabled)
  • Have no criminal convictions within the last five years
  • Have never defrauded the federal government
  • Choose a home that is able to pass approved inspections

To meet eligibility requirements for Section 5 (H) Homeownership in Philadelphia, you must be:

  • A current PHA single-family scattered site resident (scattered sites are homes that are found throughout urban areas instead of one large building in a specific neighborhood)
  • The head of household or at least 18 years old living in a PHA scattered site for at least one year
  • Current on rental payments, utilities, and any other required bills
  • In good standing with the lease requirements for twelve consecutive months 
  • Earning at least $11,301 annually from a stable job and able to obtain and afford a mortgage
  • Willing to participate in pre- and post-purchase housing counseling

Each PHA will have its own programs and requirements. To learn more, contact your local PHA.

Homeowner Assistance Fund

The National Council of State Housing Agencies (NCSHA) Homeowner Assistance Fund (HAF) is a federally funded program designed to help homeowners who are struggling to pay mortgages due to the impact of COVID-19.

Part of the American Rescue Plan Act, this program distributes funds to grantees in all states, the District of Columbia, Guam, American Samoa, the U.S. Virgin Islands, the Commonwealth of the Northern Mariana Islands and tribal lands. 

In Washington state, for example, HAF is administered by the Washington State Housing Finance Commission in partnership with HomeSight, a nonprofit that helps low-income citizens pursue affordable homeownership. 

To qualify for Washington’s assistance fund, you must have:

  • Experienced a financial hardship before or after January 21, 2020 that continued after that date
  • Income equal to or less than 150% of the area median income or 100% of the United States median income (whichever is greater). The U.S. median income was $67,521 in 2020, according to the U.S. Census Bureau
  • Income documentation such as 1099s, W2s, or tax filings 

This program does not take into account other data such as a credit score, foreclosure status, or previous refinancing.

If you need help paying your mortgage, use the HAF by state map to find out what your local program offers and to find contact information. 

Homeownership Assistance Programs

HUD is a great resource for finding programs to help you buy a home or make necessary repairs. You can use the HUD resource locator to find specific programs for your state or region. 

Here are some programs to consider:

  • HUD-approved housing counseling – Get guidance on how to buy a home, avoid foreclosure, and take care of your home
  • Habitat for Humanity – A nonprofit that builds affordable homes for low- to moderate-income individuals and invites prospective homeowners to take part in the homebuilding process or volunteer in a Habitat ReStore
  • HUD HOME Investment Partnership Program – Offers free or affordable home repairs through local partner agencies
  • USDA Rural Housing Service – provides affordable loans for home building, purchases, and repairs

Housing Choice Voucher Program

The HUD Housing Choice Voucher (HCV) program (also known as Section 8 housing) primarily helps low-income individuals and families find and afford safe, clean housing. That includes single-family homes, townhouses, and apartments. These vouchers are administered by local public housing agencies (PHAs), and each one sets its own eligibility requirements. 

In North Texas, for example, you are eligible if:

  • You are a first-time home buyer who is also a single parent
  • You previously owned a home while married or lived in a home owned by your ex spouse within the last three years
  • You are a first-time home buyer who has a disabled family member and owned a unit within the last three years

Requirements vary by state, and all PHAs do not participate in the HCV homeownership program.

HUD's Good Neighbor Next Door Sales Program

The HUD Good Neighbor Next Door Sales Program offers homes for sale at 50% of their value to eligible teachers, first responders, and police officers.

An eligible applicant is one who is a full-time:

  • Law enforcement officer employed by a federal, state, local government, or Indian tribal government-run agency
  • Teacher in a pre-kindergarten through 12, state-accredited public or private school
  • Firefighter or emergency medical technician (EMT) employed by a fire department or emergency medical services response unit run by the federal, state, local, or Native American tribal government

Eligible home buyers must work and live in qualifying revitalization areas listed by the program. Program participants must agree to reside in the home as a primary residence for at least 36 months. 

National Homebuyers Fund®, Inc. Down Payment Assistance

National Homebuyers Fund, Inc. (NHF) is a nonprofit corporation helping single moms become homeowners. The nonprofit offers funds up to 5% of the cost of the home’s mortgage to be used toward a down payment, closing costs, or both depending on the home buyer’s needs. 

To apply for NHF, you must work with a participating lender. Available in most states, this program has flexible qualification criteria:

  • You don't have to be a first-time home buyer
  • You can have low- to moderate-income (income limits are determined by state)
  • You need a minimum credit score of 640
  • Your debt-to-income ratio cannot exceed 45%
  • The home assistance must be used for conventional, FHA, USDA, or VA loans

Depending on the program in your state, the assistance may be forgivable or require repayment over time. Plus, you can couple this financial help with other home buyer assistance programs for maximum benefit.

Operation HOPE Home Buyers Program

Operation HOPE Home Buyers Program helps low-income home buyers through FDIC-approved loans, down payment assistance and first-time buying assistance.

Save the Dream Ohio

If you live in Ohio, own a home, and are struggling with making payments (or affording other home-related expenses), Save the Dream Ohio provides financial help to qualified homeowners.

Your financial hardship must be related to the COVID-19 pandemic, such as loss of income due to job loss. You can receive up to $25,000 in assistance, spread out in six payments.

The income eligibility requirements are based on household size:

Household membersAnnual income maximum

Fill out the prequalification form to seek help. This program is available through September 2025 or until the funding has been used up.

State Housing Finance Agencies

In each state, the Housing Finance Agency (HFA) can help single moms buy a new home. Federal programs in every state include:

  • Housing Bonds — Sells bonds to help low-income, first-time home buyers get affordable loans
  • Housing Credit — Offers a tax credit to private entities and developers who create more affordable rental housing
  • HOME Investment Partnerships — Advocacy program that improves access to safe, clean, affordable housing for low-income households

But each state also offers HFA-based homeownership programs with various requirements.

The California HFA (CalHFA), for example, offers a down payment/closing costs assistance program called the MyHome Assistance Program. CalHFA is not a direct lender but trains and approves private loan officers. The program provides a deferred payment second loan if you have an FHA or a conventional loan.

With an FHA loan, you can get a second loan that is up to 3.5% of the purchase price or appraised value (whichever is less) to help with the down payment or closing costs. With a conventional loan, you can get assistance up to 3% of the purchase price.

Contact your state HFA to get exact details on the programs offered in your area and to learn about eligibility requirements.

Bottom line: Home-buying grants are available

Owning a home is a great way to build wealth over time and provide a valuable asset to potentially pass on to your children. But when you’re a parent with one income, owning a home might seem out of reach. A first-time home-buying grant can help you obtain a home at an affordable price. 

Even if you don't qualify for a home buying grant, there are steps you can take to financially prepare for homeownership. Check out our post on how to buy a home as a single mom and learn how to find affordable movers.

We also put together a list of low-income home loans, with affordable mortgage options and education programs to help single moms who want to own a home. Before shopping for a home loan, check your FICO score and take steps to  repair your credit if your score is low . To improve your chances of qualifying,  save some money for a down payment. Check mortgage rates >>

And if you’re not ready to commit to homeownership, read our guide on how to get free housing or an apartment for single moms.

Check out these other resources for low-income single moms and other individuals: 

Help for single moms: 16+ resources$500 monthly single mom grant
Free laptopsScholarships for single moms
Free carBest jobs moms can do from home
Free smartphoneGovernment assistance for single moms
Free wifiFree daycare
Free gasSingle mom loans
Free preschool10+ charities that help single mothers
Health insuranceFree food
Free gift cardsFree money for bills


I am a single mother in recover. I have two teenagers and I got them back 4 years ago. Due to the growth spurts and teenage years and having no help from their father I have gotten so far in the hole we are in a hotel at the moment. My rental history was hit really hard by our former apartment complex to which illegally filed rule to show cause even the months we were paid a month a head. They ended up firing the property manager because she was targeting certain families in the complex. We are now incapable of being approved any where. My insurance lapsed on my vehicle and I am an automotive technician by trade. The week it lapsed I got hit by someone in a parking lot and didn’t realize I had no insurance. So now I cannot work since my license is suspended . As a mechanic I have to have a license to drive for diagnosing customers vehicles. I have to provide a 3500.00 security deposit to the SC DMV for two years and have sr22 to get my license back just to be able to work I need help and do not know where to turn!

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