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Wood County CHIP Homebuyer Assistance

Wood County Planning Commission (with Poggemeyer Design Group); Ohio Department of Development CHIP · Wood County, Ohio

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See what you qualify forOfficial program site →
Assistance

$1,000–$5,000

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 after 10 years

What is Wood County CHIP Homebuyer Assistance?

Wood County CHIP Homebuyer Assistance is a forgivable loan for homebuyers in Wood County, Ohio, administered by Wood County Planning Commission (with Poggemeyer Design Group); Ohio Department of Development CHIP.

  • Wood County's Community Housing Improvement Program (CHIP), funded by HUD through the Ohio Department of Development, includes a Homebuyer Assistance activity that provides down payment and closing-cost assistance to low- and moderate-income households purchasing a modest, affordable single-family home as their primary residence. Grants range from $1,000 to $5,000 and may cover down payment, appraisal, closing costs, and other purchase-related fees. Applicants must live within a Wood County township, village, or the City of Rossford and qualify as low- to moderate-income.
  • Down payment / closing cost grant of $1,000-$5,000.
  • Can be combined with FHA, VA, USDA/FMHA or other financing.
  • May pair with owner-rehabilitation funds for repairs.
  • Funding comes from HUD CHIP (Community Housing Improvement Program) via Ohio Department of Development.

How much assistance does it provide?

Wood County CHIP Homebuyer Assistance offers between $1,000 and $5,000 in assistance.

  • Buyer contribution: Grantee must contribute a minimum of $500 of their own funds toward the purchase.
  • Amounts are the program's published maximums, not an offer — Wood County Planning Commission (with Poggemeyer Design Group); Ohio Department of Development CHIP determines any individual award.

Do you have to pay it back?

Wood County CHIP Homebuyer Assistance is forgiven after 10 years, so a buyer who stays that long does not repay it.

  • Repayment is triggered by Secured by a 10-year promissory note/mortgage; repay a percentage of the grant if home is sold/vacated before the note expires; pay back 15% of grant if vacated/transferred after the 10-year note expires; plus mortgage recording and release fees.
  • The assistance is recorded in Subordinate (secured by recorded mortgage / 10-year promissory note) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Wood County CHIP Homebuyer Assistance is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Approximately 7 hours of housing counseling (budgeting, home maintenance, lending, fair housing)
  • Residency: Property within Wood County townships, villages, or City of Rossford (excludes City of Bowling Green)
  • DRAFT (dpa-gap-finder 2026-06-14): pending review. Field notes — Ratio/DTI note: PITI cannot exceed 30% of gross monthly income. Applicants must reside within a Wood County township, village, or the City of Rossford (excludes City of Bowling Green). Funds are limited and competitive at the local level; applications considered first-come, first-served when open. Administered with Poggemeyer Design Group.

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?

Wood County CHIP Homebuyer Assistance 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?

Wood County CHIP Homebuyer Assistance can be used for Single Family, Condo, 2-4 Unit, and Manufactured.

  • Manufactured homes are eligible.

Where does it apply?

Wood County CHIP Homebuyer Assistance serves buyers purchasing in Wood County, Ohio.

How do you apply?

Applications for Wood County CHIP Homebuyer Assistance go through Wood County Planning Commission (with Poggemeyer Design Group); Ohio Department of Development CHIP, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Approximately 7 hours of housing counseling (budgeting, home maintenance, lending, fair housing).

  2. Contact Wood County Planning Commission (with Poggemeyer Design Group); Ohio Department of Development CHIP to reserve funds

    Funds are reserved through First-come, first-served when program funds are available, 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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