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Pike County First-Time Home Buyer Program
Pike County Office of Human Services · County program
Up to 50% of closing costs and down payment assistance; forgivable after 5 years
Pike County offers first-time homebuyers up to 50% of closing costs and down payment assistance, in the form of a forgivable loan after five years. It is aimed at low- to moderate-income buyers purchasing qualifying single-family homes in Pike County.
Program details
How it works
Pike County announced a First-Time Home Buyer Program that provides financial assistance to help eligible buyers with the costs of purchasing a home. The county said the program would cover up to 50% of closing costs and down payment assistance.
What the money covers
The county described the assistance as helping with:
- Down payment assistance
- Closing costs
The program is structured as a loan that becomes forgivable after five years. The county also said it secures the investment with a five-year lien on the property.
Other support
The county partnered with NeighborWorks to provide HUD-certified homebuyer counseling at no cost. The counseling includes education, one-on-one coaching, and credit repair help.
Timing and deadlines
The county said the program launched on March 20, 2024. No application deadline was stated in the source.
Full eligibility details
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