City of Toledo Home at Last Down Payment Assistance

What is City of Toledo Home at Last Down Payment Assistance?

City of Toledo Home at Last Down Payment Assistance is a grant for homebuyers in Toledo, Ohio, administered by City of Toledo Department of Housing and Community Development.

• The City of Toledo's Home at Last program provides down payment and closing-cost assistance to credit-worthy first-time homebuyers purchasing within Toledo city limits. Eligible buyers receive up to $12,500 in most neighborhoods and up to $20,000 in target (NRSA) neighborhoods such as Englewood, Junction, Old South End, and East Toledo. Assistance is provided as a grant at closing, submitted through a participating lender, and the program can close in about 21 business days from a completed application.
• Up to $12,500 grant citywide.
• Up to $20,000 grant in target (NRSA) neighborhoods.
• Grant at closing (no repayment).
• ~21 business day turnaround.
• Free HUD-approved homeownership counseling.
• Funding comes from HUD HOME / CDBG (federal, via City of Toledo).

How much assistance does it provide?

City of Toledo Home at Last Down Payment Assistance offers between $12,500 and $20,000 in assistance.

• Award tiers: Standard neighborhoods: up to $12,500; Target/NRSA neighborhoods: up to $20,000.
• Buyer contribution: Minimum $500 buyer contribution, which includes payment of the required home inspection.
• Amounts are the program's published maximums, not an offer — City of Toledo Department of Housing and Community Development determines any individual award.

Do you have to pay it back?

City of Toledo Home at Last Down Payment Assistance is structured as a grant, so it is not repaid.

• The assistance is recorded in Provided as grant at closing (no lien / no repayment) position.
• 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 Toledo Home at Last 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?

City of Toledo Home at Last Down Payment Assistance limits household income to 80% of the area median income, which varies by county and household size.

• Income maximums set at 80% of HUD area median income; 2026 limits: 1-person $53,450; 2 $61,050; 3 $68,700; 4 $76,300; 5 $82,450; 6 $88,550; 7 $94,650; 8 $100,750.
• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• 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?

City of Toledo Home at Last Down Payment Assistance can be used for Single Family and Condo.

Where does it apply?

City of Toledo Home at Last Down Payment Assistance serves buyers purchasing in Toledo, Ohio.

• The program targets specific areas: Neighborhood Revitalization Strategy Areas (NRSAs): Englewood, Junction, Old South End, and East Toledo — enhanced assistance up to $20,000.
• Targeted neighborhoods: Englewood; Junction; Old South End; East Toledo.

How do you apply?

Applications for City of Toledo Home at Last Down Payment Assistance go through City of Toledo Department of Housing and Community Development, 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 NeighborWorks Toledo Region / Neighborhood Housing Services; NID Housing Counseling Agency (HUD-approved).

2. 2

   Contact City of Toledo Department of Housing and Community Development to reserve funds

   Funds are reserved through First-come; submitted by participating lender with completed application, 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.