Douglas County Housing Partnership

What is Douglas County Housing Partnership?

Douglas County Housing Partnership is a forgivable loan for homebuyers in Douglas County, Georgia.

• The Douglas County Housing Partnership (DCHP) Down Payment Assistance Program provides up to $15,000 to help low- and moderate-income first-time homebuyers purchase a home in Douglas County, Georgia. The assistance is structured as a 0% interest deferred second mortgage that is forgiven after 10 years of owner-occupancy. DCHP is a HUD-approved housing counseling agency serving Douglas County residents with homebuyer education, pre-purchase counseling, and foreclosure prevention services.
• Up to $15,000 in down payment and closing cost assistance.
• 0% interest rate — no interest accrues on the loan.
• Deferred payments — no monthly payments required on the assistance.
• Forgiven after 10 years of owner-occupancy in the home.
• Paired with free HUD-approved homebuyer education and pre-purchase counseling.
• Helps low- and moderate-income families (up to 80% AMI) achieve homeownership in Douglas County, GA.
• Funding comes from Local Government.

How much assistance does it provide?

Douglas County Housing Partnership offers up to $15,000 in assistance.

• The program asks buyers to contribute 1% and $1,000.
• The program can be combined with other assistance, subject to the rules of each.
• Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Douglas County Housing Partnership is forgiven after 10 years, so a buyer who stays that long does not repay it.

• Repayment is triggered by Sale, Refinance, No Longer Primary, and Transfer of Title.
• The assistance is recorded in 2nd Lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Douglas County Housing Partnership is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Douglas County Housing Partnership limits household income to 80% of the area median income, which varies by county and household size.

• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Douglas County Housing Partnership can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Douglas County Housing Partnership serves buyers purchasing in Douglas County, Georgia.

How do you apply?

Applications for Douglas County Housing Partnership go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Douglas County Housing Partnership (DCHP) - HUD-approved housing counseling agency. Free CHFA-approved First-Time Homebuyer education classes offered monthly. Register at: https://douglascountyhousingpartnership.org/register-for-the-next-class/.

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.