Tigard Down Payment Assistance Grant

Tigard Down Payment Assistance Grant is a grant for homebuyers in Tigard, Oregon. The Tigard Down Payment Assistance Grant, administered by Proud Ground on behalf of the City of Tigard, provides forgivable grant assistance to low- and moderate-income first-time homebuyers purchasing within City of Tigard limits. Funds may be used for down payment and closing costs. Forgivable down payment assistance grant for low- and moderate-income first-time homebuyers purchasing within City of Tigard limits. Forgiven over the affordability period. unforgiven balance due upon early sale or refinance without subordination. Funding comes from City and HOME.

Tigard Down Payment Assistance Grant is structured as a grant, so it is not repaid. Repayment is triggered by Sale, transfer, refinance without subordination, or loss of owner-occupancy before forgiveness period concludes. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Tigard Down Payment Assistance Grant is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. On credit, the program states: Typically 640 minimum FICO (lender overlay). A homebuyer education course is required, through Proud Ground Homebuyer Education (HUD-approved); other HUD-approved housing counseling agencies. Residency requirement: Property must be located within City of Tigard, OR. Citizenship or immigration status: U.S. citizen or qualified non-citizen. Pre-purchase homebuyer education required. Property must be located within City of Tigard limits. Must complete Proud Ground intake and qualify under City of Tigard income/AMI guidelines.

Tigard Down Payment Assistance Grant limits household income to 80% of the area median income, which varies by county and household size. Household income approximately 60%-80% AMI for Portland-Vancouver-Hillsboro MSA: 1-person ~$69,550; up to 8-person $107,250 (2025 limits). 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.

Tigard Down Payment Assistance Grant caps the purchase price as follows: Set per program guidelines / aligned with FHA limits. Eligible property types include 1-unit single-family, condominium, townhome, PUD. New construction is eligible. Manufactured homes are not eligible.

Tigard Down Payment Assistance Grant serves homebuyers purchasing in Tigard, Oregon.

Applications for Tigard Down Payment Assistance Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Application through Proud Ground; subject to City of Tigard fund availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.