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Programs by situation

Down payment assistance for first-generation homebuyers in Colorado

1 program names first-generation homebuyers: 1 city.

Naming a group is one eligibility rule among several. Each program also sets an income limit, a price cap, an occupancy rule and a credit requirement. Being a first-generation homebuyer puts a program on this list; it does not decide whether you can use it.

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The 1 program, closest first

From one city out to the whole state

Listed A–Z within each group, not ranked.

In a Colorado city 1 program

For homes inside that city’s limits only
DeferredGlenwood Springs · Garfield County

Glenwood Springs Community Development DPA

Deferred second loan · First-time homebuyers · Income limit 80% of area median income

Names: first-generation homebuyers · Homebuyer class required

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What to know

What the 1 record say

From each program’s own record. The agency decides who can use it.

  1. 1 of 1

    ask for a homebuyer education class.

  2. 1 of 1

    are limited to first-time homebuyers, as each program defines it.

  3. 1 of 1

    name an FHA, VA, USDA or conventional loan they can be paired with.

Free help in Colorado

27 HUD-approved counseling agencies in Colorado

This program asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through every rule a program sets.

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Questions, answered

Does being a first-generation homebuyer mean I can use these programs?

No. These programs name first-generation homebuyers in their eligibility rules, which is why they are grouped here, but every program also sets income limits, purchase price caps, credit and occupancy requirements. Membership in a group is one rule among several.

Is Hey Prescott a lender?

No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.

Programs and counts: Hey Prescott program records, each verified with its administering agency (June 2026). Counselors: HUD housing counseling agency list. Hey Prescott is not a lender.