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City of Kettering First-Time Homebuyer Assistance Program

City of Kettering Community Development (in partnership with Day Air Credit Union and the HomeOwnership Center of Greater Dayton) · Kettering, Ohio

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See what you qualify forOfficial program site →
Assistance

$8,000–$20,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Forgivable

Forgiven once the program's conditions are met

What is City of Kettering First-Time Homebuyer Assistance Program?

City of Kettering First-Time Homebuyer Assistance Program is a forgivable loan for homebuyers in Kettering, Ohio, administered by City of Kettering Community Development (in partnership with Day Air Credit Union and the HomeOwnership Center of Greater Dayton).

  • The City of Kettering First-Time Homebuyer Assistance Program provides forgivable loans to help current and future Kettering residents with down payment and closing costs when paired with a Day Air Credit Union mortgage product. The program provides up to 10% toward down payment and covers closing costs up to $20,000 combined; per-recipient assistance has been set around $8,000-$10,000 with the buyer paying 50% of the lender-required down payment. First-time homebuyers receive priority and the program operates first-come, first-served using Community Development Block Grant funds.
  • Forgivable loan toward down payment (up to 10%) and closing costs, up to $20,000 combined when paired with a Day Air mortgage; per-recipient assistance approximately $8,000-$10,000.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from HUD Community Development Block Grant (CDBG).

How much assistance does it provide?

City of Kettering First-Time Homebuyer Assistance Program offers between $8,000 and $20,000 in assistance.

  • Amounts are the program's published maximums, not an offer — City of Kettering Community Development (in partnership with Day Air Credit Union and the HomeOwnership Center of Greater Dayton) determines any individual award.

Do you have to pay it back?

City of Kettering First-Time Homebuyer Assistance Program is a forgivable loan, so the balance is forgiven once the program's conditions are met.

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

Who qualifies?

City of Kettering First-Time Homebuyer Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course
  • Must complete an 8-hour HUD-approved homebuyer education course (certificate of completion required); the HomeOwnership Center of Greater Dayton is the City's education partner. Must be paired with a Day Air Credit Union mortgage product. First-time homebuyers prioritized; first-come, first-served. CAVEAT: Program terms have changed over time (assistance amount and eligibility revised; funded with approximately $100,000 in CDBG funds with updated guidelines) - confirm current amount and income limits with the City. Exact current income limits not published on the page reviewed (program follows HUD income guidelines, generally up to 80% AMI).

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Kettering First-Time Homebuyer Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

  • Follows HUD income guidelines (generally up to 80% AMI); a family of four earning up to $75,050 was cited as potentially qualifying for City housing assistance. Confirm current homebuyer-program limits with the City.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

City of Kettering First-Time Homebuyer Assistance Program is a federal program, so it is not limited to Ohio.

How do you apply?

Applications for City of Kettering First-Time Homebuyer Assistance Program go through City of Kettering Community Development (in partnership with Day Air Credit Union and the HomeOwnership Center of Greater Dayton), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact City of Kettering Community Development (in partnership with Day Air Credit Union and the HomeOwnership Center of Greater Dayton) to reserve funds

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

  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.

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