The Housing Partnership of Chester County (HPCC) offers low-moderate income individuals and families the First Time Home Buyer Program to assist them in buying a new home within Chester County.

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FHA.com is a privately owned website, is not a government agency, and does not make loans.

Chester County First Time Home Buyer Program

Financial Assistance for Homebuyers in Pennsylvania

The Housing Partnership of Chester County (HPCC) offers low-moderate income individuals and families the First Time Home Buyer Program to assist them in buying a new home within Chester County. The Program provides pre-purchase home ownership counseling and a loan for down payment and closing costs to first time buyers. 

Available Assistance 
The assistance comes in the form of a zero-interest loan. The loan amount, which is based on financial needs of applicant, cannot exceed $10,000 for purchase of a home in Chester County, or $20,000 for purchase of a home in the City of Coatesville. 

Eligibility Requirements 
All applicants must  
  • Be 18  years of age or older. 
  • Have a total gross household income at or below 80% of the median income, adjusted for household size. Liquid assets of borrower after closing cannot exceed $15,000. 
  • Intend to occupy the property being purchased as a primary residence. 
  • Be able to secure a 30 year, fixed rate mortgage from a local lending institution. 
  • Not have owned a home in the last 3 years or be a displaced homemaker. 
  • At least $1,000 towards the purchase of the home plus two (2) months reserves by settlement. 

Property Guidelines 
Any home purchased with program funds must meet HUD housing quality and lead based paint standards. Eligible property types include existing or newly constructed single-family, detached, semi-detached, attached, or condominiums within Chester County. The sales price must not exceed FHA limits, adjusted annually per FHA, and the home must be insurable. If any portion of the residential improvements is determined to be located within a Special Flood Zone Area (SFZA), insurance under the National Flood Insurance Program (NFIP) must be obtained. 

Income Limits 
1-person household: $54,150 
2-person household: $61,850 
3-person household: $69,600 
4-person household: $77,300 
5-person household: $83,500 
6-person household: $89,700 
7-person household: $95,900 
8-person household: $102,050 

*Seller-funded down payment programs were eliminated in the Housing and Economic Recovery Act of 2008, but states and local government agencies are still permitted to help borrowers finance their homes with second mortgages and grants. These agencies set different requirements that a borrower needs to meet in order to qualify for the grant programs, such as property location, and purchase price, and income limits.          

Note: All figures mentioned above were accurate at the time of publication and may no longer be current. Visit the program website for updated information.     spacer

Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

Down Payment Grants in Pennsylvania

The First Time Buyer Program allows for a down payment and closing cost assistance grant if an applicant’s income is at or below 80% of the area’s median income.

The Housing Partnership of Chester County (HPCC) offers low-moderate income individuals and families the First Time Home Buyer Program to assist them in buying a new home within Chester County.

The Cumberland County Affordable Housing Trust Fund First-Time Homebuyer’s Down Payment and Closing Cost Assistance Program provides up to $5,000 in assistance to qualified first-time homebuyers.

The Delaware County Homeownership First Program offers down payment and closing cost assistance to eligible homebuyers. The total assistance is not to exceed $5,000; this will cover up to 2 percent of the down payment of the new home.

​The Pennsylvania Housing Finance Agency (PHFA) offers eligible homebuyers assistance in meeting the upfront costs of homeownership through different programs, one of which is the HOMEstead Downpayment and Closing Cost Assistance Loan.

The Pennsylvania Housing Finance Agency (PHFA) offers eligible homebuyers assistance in meeting the upfront costs of homeownership through different programs, one of which is the Keystone Advantage Assistance Loan Program.

LHOP provides down payment and closing cost assistance up to $5,000 as 0% interest loans with no monthly payments. These loans help borrowers meet FHA requirements and purchase homes located in Lancaster County, Pennsylvania.

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