Grants directory
Welcome Home Down Payment Assistance Program
City of Danville, Community Development Department, Housing and Development Division · City program
Up to $5,000 toward down payment and closing costs
The City of Danville offers up to $5,000 toward down payment and closing costs for eligible homebuyers purchasing a home in the city. It is a no-interest, deferred-payment loan that is forgiven over five years.
Program details
How it works
The Welcome Home Down Payment Assistance Program (DPA) helps eligible homebuyers with the upfront costs of buying a home in Danville. The assistance is provided as a no-interest, deferred-payment loan that is forgiven over five years.
What the money covers
- Down payment costs.
- Closing costs.
- The page explicitly says the funds cannot be used to refinance a home.
Amounts and matching
- Up to $5,000 for eligible homebuyers.
- Loan terms and conditions are determined by the City of Danville.
- The loan is forgiven over five years.
How to apply
The page says applicants should see the Downpayment Assistance Checklist for more information or contact the Housing Grant Coordinator.
- The page links to a Downpayment Assistance Application PDF and an online application.
Timing and deadlines
- Applicants must already be in the process of purchasing a home.
- The page does not state a closing date or application deadline.
Contact
For more information, contact the Housing Grant Coordinator.
Full eligibility details
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