The initial costs of purchasing a home can be overwhelming. Down Payment Assistance Programs ease the burden to eligible applicants by providing assistance with the initial down payment, closing costs and required rehabilitation costs.


 
One such program is the American Dream Down Payment Initiative (ADDI)

It is a HUD program that provides grants to low income and minority individuals and families who are first time home buyers. The defintion of first time homebuyer according to HUD is defined as an individual or his or her spouse who have not owned a home prior to the ADDI funding for 3 years.
 

Check your eligibility