Deferred second loan
Clinch-Powell Shift to Ownership - Second Shift Loan & DPA
New construction · Income limits · Single Family
Down payment assistance · Cocke County
Buying a home in Newport, TN
1 Newport program and 11 statewide.Newport has 1 program of its own, and 11 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Newport addresses
Newport’s own program
The Newport marketThe Newport housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Newport
- 60.5% single-familysingle-family
- 0.7% townhousetownhouse
- 20.7% 2–4 units2–4 units
- 8% 5+ unitscondo & apartment buildings (5+ units)
- 10.1% mobile & othermobile home & other
About condos. Newport’s one local program does not list condos as eligible. Clinch-Powell Shift to Ownership - Second Shift Loan & DPA lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Newport’s homes were built
pre-19401970s2020+
59.5%
of Newport homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$61,300
County area median income, 4 people (HUD)HUD area median income, Cocke County, 4-person household (2026)
$31,250
Newport median household incomeMedian household income in Newport (Census, 2024)
13 of the 74 programs here set their income limit as a share of Cocke County’s area median income, adjusted for household size. See the published limits for Cocke County
Free help nearbyFree help near Newport
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
Newport’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.Clinch-Powell Shift to Ownership - Second Shift Loan & DPA asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Tennessee and nationwide
73 statewide & federal programs11 statewide programs, plus federal options
Newport questions
Does Newport have its own down payment program?
Yes, one: Clinch-Powell Shift to Ownership - Second Shift Loan & DPA, a deferred second loan (new construction, income limits). It is for homes inside Newport.
Can I use assistance on a condo in Newport?
Newport’s one local program does not list condos as eligible. Clinch-Powell Shift to Ownership - Second Shift Loan & DPA lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Cocke County?
Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Cocke County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Newport?
HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
37821 · 37822
Nearby in Cocke
Sources
Sources: agency sites (July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.