Forgivable loan
First Home Lima Down Payment Assistance Program
First-time homebuyers · Income limits · Single Family · 2-4 Unit
Down payment assistance · Allen County
Buying a home in Lima, OH
2 Lima programs and 7 statewide.Lima has 2 programs of its own, and 7 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Lima’s own programs
First mortgage
Habitat for Humanity-Lima Area - Homeownership Program
New construction · Income limits · Single Family
The Lima marketThe Lima housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Lima
- 71.4% single-familysingle-family
- 1.7% townhousetownhouse
- 11.4% 2–4 units2–4 units
- 14.1% 5+ unitscondo & apartment buildings (5+ units)
- 1.4% mobile & othermobile home & other
About condos. None of Lima’s 2 local and county programs list condos as eligible. First Home Lima Down Payment Assistance Program lists single family and 2-4 unit. Habitat for Humanity-Lima Area - Homeownership Program lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Lima’s homes were built
pre-19401970s2020+
83.1%
of Lima homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$85,700
County area median income, 4 people (HUD)HUD area median income, Allen County, 4-person household (2026)
$46,240
Lima median household incomeMedian household income in Lima (Census, 2024)
11 of the 71 programs here set their income limit as a share of Allen County’s area median income, adjusted for household size. See the published limits for Allen County
Free help nearbyFree help near Lima
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Ohio and nationwide
69 statewide & federal programs7 statewide programs, plus federal options
Lima questions
Does Lima have its own down payment program?
Yes, 2: First Home Lima Down Payment Assistance Program and Habitat for Humanity-Lima Area - Homeownership Program. Each is for homes inside Lima.
Can I use assistance on a condo in Lima?
None of Lima’s 2 local and county programs list condos as eligible. First Home Lima Down Payment Assistance Program lists single family and 2-4 unit. Habitat for Humanity-Lima Area - Homeownership Program lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Allen County?
Each program sets its own. 11 of the programs here set theirs as a share of HUD’s area median income for Allen County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Lima?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Lima. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
45801 · 45802 · 45804 · 45805 · 45806 · 45807
Nearby in Allen
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.