First-time home buyer programs in Milwaukee
2 programs run by local housing agencies help buyers in Milwaukee with the down payment, and the statewide Wisconsin programs work here too.
- Programs in your area
- 2
- Highest amount
- $35,000
- Loan or grant
- Forgivable loan; Grant
Down payment help in Milwaukee
| Program | Amount | Loan or grant | Income limit | First-time buyers only |
|---|---|---|---|---|
| Milwaukee Home Down Payment Assistance Program. It's run by City of Milwaukee Neighborhood Improvement Development Corporation. | Up to $7,000 | Grant | For one person, household income can't be more than $62,000. For eight people, the limit rises to $116,900. | Yes |
| Milwaukee Homebuyer Assistance Program (HBA). It's run by City of Milwaukee Neighborhood Improvement Development Corporation. | Up to $35,000 | Forgivable loan | Ask the agency | No |
Milwaukee Home Down Payment Assistance Program: who is eligible?
- The home must be in the City of Milwaukee, and you must currently live in the City of Milwaukee.
- For one person, household income can't be more than $62,000. For eight people, the limit rises to $116,900.
- You must qualify as a first-time buyer.
- You must take a homebuyer education course.
- Counseling from a HUD-approved agency for 8 hours.
- Your own money must cover at least $1,000.
- A home inspection done by a third party.
You must live in the home as its owner for at least five years. Closing costs and a down payment are possible uses.
You never repay a grant when you follow the program's rules.
Get in touch with one of the homebuying counseling agencies listed on Milwaukee's city page. On City of Milwaukee Neighborhood Improvement Development Corporation's page for Milwaukee Home Down Payment Assistance Program, read the full rules.
Milwaukee Homebuyer Assistance Program (HBA): who qualifies?
- A home with one or two units that the city owns after foreclosure, purchased through the program.
- You don't need to be a first-time buyer.
- You must take a homebuyer education course.
- Counseling from a HUD-approved agency for 8 hours.
- Your own money must cover at least $1,000.
- Repairs were completed within 365 days.
Once repairs are done, the loan is forgiven each year over five years. Selling the home during those five years means you must repay the balance.
With a forgivable loan, the balance is written off after you keep the home for the number of years set by the program.
Go to an orientation session or fill out the application on the city's page. On City of Milwaukee Neighborhood Improvement Development Corporation's page for Milwaukee Homebuyer Assistance Program (HBA), read the full rules.
In Milwaukee, Wisconsin's statewide programs also work.
| Program | Amount | Loan or grant |
|---|---|---|
| WHEDA Capital Access DPA | Up to $7,500 | Deferred loan |
| WHEDA Easy Close Advantage DPA | Up to 6% of the price | Repayable loan |
Every first-time home buyer program in Wisconsin, from Wisconsin Housing & Economic Development Authority. The income figure for Milwaukee County appears in our HUD income limits lookup.
Talk with a lender about a Milwaukee home purchase
Tell us where you're buying and a lender that works with Wisconsin's programs can tell you which of these fit you, and which you can combine.
Would you rather not call? If you send your details, the lender will get in touch.