Buy A Home
Seattle's downpayment assistance program helps low- and moderate-income first-time buyers with education, counseling, and support to purchase affordable homes and promote long-term housing stability.
Funder: City of Seattle (https://www.seattle.gov)
Due Dates: Rolling
Funding Amounts: Up to $76,000 per household for downpayment assistance; some partners may offer up to $110,000 by layering sources.
Summary: Downpayment assistance and support services for low- and moderate-income first-time homebuyers seeking to purchase affordable homes within Seattle city limits.
Key Information: Must earn ≤80% of area median income and complete approved homebuyer education and counseling.
Description
The City of Seattle's Office of Housing offers a downpayment assistance program designed to help first-time homebuyers earning at or below 80% of the area median income purchase affordable homes within Seattle. The program operates in partnership with local nonprofits and lending institutions, including Habitat for Humanity Seattle-King County, HomeSight, Homestead Community Land Trust, and Parkview Services. These organizations provide a range of support services such as homebuyer education, financial counseling, mortgage assistance, and long-term affordability solutions. The initiative is funded through the Seattle Housing Levy and other subsidies, with the goal of increasing homeownership opportunities and preventing displacement for low- and moderate-income residents.
