Aultman Area Down Payment Assistance

What is Aultman Area Down Payment Assistance?

Aultman Area Down Payment Assistance is a grant for homebuyers in Canton, Ohio, administered by Community Building Partnership of Stark County, Inc.

• A neighborhood-targeted $2,000 grant from Community Building Partnership of Stark County, supported by Aultman Health Foundation, helping eligible first-time homebuyers cover down payment and closing costs within the Aultman Core Asset Area of Canton. Applied as a closing credit; awarded first-applied, first-eligible until funds are depleted.
• $2,000 toward down payment/closing costs.
• No repayment (grant).
• Targeted Canton neighborhood.
• Funding comes from Aultman Health Foundation grant funds.

How much assistance does it provide?

Aultman Area Down Payment Assistance offers up to $2,000 in assistance.

• Amounts are the program's published maximums, not an offer — Community Building Partnership of Stark County, Inc. determines any individual award.

Do you have to pay it back?

Aultman Area Down Payment Assistance is structured as a grant, so it is not repaid.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Aultman Area Down Payment Assistance is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Aultman Area Down Payment Assistance sets its income limit as follows: Demographic income brackets collected on application; serves low-to-moderate income first-time buyers.

• 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?

Aultman Area Down Payment Assistance can be used for Single Family.

Where does it apply?

Aultman Area Down Payment Assistance serves buyers purchasing in Canton, Ohio.

• The program targets specific areas: Aultman Core Asset Area, Canton.

How do you apply?

Applications for Aultman Area Down Payment Assistance go through Community Building Partnership of Stark County, Inc., 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 CBP online Homebuyer Education via eHome America (ehomeamerica.org/cbp).

2. 2

   Contact Community Building Partnership of Stark County, Inc. to reserve funds

   Funds are reserved through First applied, first eligible (by CBP list of signed purchase agreements), 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.