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PhillySEEDS Homeownership Closing Cost Matching Grant

PhillySEEDS Homeownership Closing Cost Matching Grant is a grant for homebuyers in Philadelphia, Pennsylvania, administered by PhillySEEDS, Inc.

Last verified Source: PhillySEEDS, Inc.

The program asks for

  • First-time homebuyer — the program sets its own definition
  • A completed homebuyer education course
  • Residency: Open to Philadelphia Housing Authority residents and Housing Choice Voucher program participants.
  • Applicants must be a first-time homebuyer who is a PHA resident or HCV program participant, provide verification of $2,000 in savings (via bank statement), provide a Housing Counseling certificate, provide a written request for the down payment assistance, and provide a Settlement Notice. Applicants may not also receive PHA homeownership assistance from a Mobility Grant or the Employee Home Buying Assistance Program. No online applications are accepted; apply by email. PhillySEEDS, Inc., 2013 Ridge Avenue, Philadelphia, PA 19121, (215) 684-8247.
  • A home inside Philadelphia city limits

It doesn’t cover

  • Homes outside Philadelphia

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

Where it applies

Philadelphia’s homes

  • 8.5% single-family
  • 55.6% townhouse
  • 14.4% 2–4 units
  • 21.1% 5+ units
  • 0.4% mobile & other

$243,100

Philadelphia median home value

83.3%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Philadelphia

How to apply

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact PhillySEEDS, Inc. 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 homebuyer can take it to a lender or housing counselor.

Questions about this program

What is PhillySEEDS Homeownership Closing Cost Matching Grant?

PhillySEEDS Homeownership Closing Cost Matching Grant is a grant for homebuyers in Philadelphia, Pennsylvania, administered by PhillySEEDS, Inc. PhillySEEDS, Inc. offers Philadelphia Housing Authority residents and Housing Choice Voucher participants a one-time dollar-to-dollar match of residents' savings to be applied toward their closing costs. The maximum match amount is $2,000, subject to funding availability. A one-time dollar-to-dollar match of the applicant's own savings, applied toward closing costs. The maximum match amount is $2,000, subject to funding availability.

How much assistance does it provide?

PhillySEEDS Homeownership Closing Cost Matching Grant offers up to $2,000 in assistance. Homebuyer contribution: Provide verification of $2,000 in savings (via bank statement). Amounts are the program's published maximums, not an offer — PhillySEEDS, Inc. determines any individual award.

Do you have to pay it back?

PhillySEEDS Homeownership Closing Cost Matching Grant 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?

PhillySEEDS Homeownership Closing Cost Matching Grant is open to first-time homebuyers. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required. Residency requirement: Open to Philadelphia Housing Authority residents and Housing Choice Voucher program participants. Applicants must be a first-time homebuyer who is a PHA resident or HCV program participant, provide verification of $2,000 in savings (via bank statement), provide a Housing Counseling certificate, provide a written request for the down payment assistance, and provide a Settlement Notice. Applicants may not also receive PHA homeownership assistance from a Mobility Grant or the Employee Home Buying Assistance Program. No online applications are accepted; apply by email. PhillySEEDS, Inc., 2013 Ridge Avenue, Philadelphia, PA 19121, (215) 684-8247.

Where does it apply?

PhillySEEDS Homeownership Closing Cost Matching Grant serves homebuyers purchasing in Philadelphia, Pennsylvania.

How do you apply?

Applications for PhillySEEDS Homeownership Closing Cost Matching Grant go through PhillySEEDS, Inc., which publishes the current terms and the application steps on its own site. 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.

Also for Philadelphia homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 75 programs for Philadelphia

Program terms are set by PhillySEEDS, Inc. and can change; confirm on the official site before you apply.