Down Payment Assistance Program (TN): Up to $15,000
City of Chattanooga · City of Chattanooga, Tennessee
At a glance: Up to $15,000, deferred loan (no payments until you sell, refinance or pay off). First-time buyer: Required (no home owned in the past 3 years). Checked against the official page on Nov 3, 2026.
| Assistance type | Deferred loan — No payments until you sell, refinance or pay off |
|---|---|
| Amount | Up to $15,000 |
| Income limit | At or below 120% of AMI |
| Purchase price limit | $400,000 |
| First-time buyer rule | Required (no home owned in the past 3 years) |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | 0% interest deferred loan with no monthly payments. Buyer contributes at least $1,000. |
| Official source | https://chattanooga.gov/pay-and-apply/down-payment-assistance-program (opens in new tab) |
| Last checked | Nov 3, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other Tennessee programs
- Down Payment Assistance — $5,000-$35,000
- Great Choice Plus (Deferred/Forgivable) — $6,000 or $10,000
- Great Choice Plus (Amortizing) — Up to 5% of the sales price, maximum $15,000
- Great Choice Plus (New Construction) — Up to $25,000
← All Tennessee programs · Check eligibility · Compare with other programs
Common questions
How much is Down Payment Assistance Program?
Up to $15,000 (per the official page, checked Nov 3, 2026).
Is Down Payment Assistance Program a grant or a loan?
Deferred loan: no payments until you sell, refinance or pay off.
Do I have to be a first-time homebuyer for Down Payment Assistance Program?
Required (no home owned in the past 3 years).
What is the income limit for Down Payment Assistance Program?
At or below 120% of AMI.
How does Down Payment Assistance Program work?
0% interest deferred loan with no monthly payments. Buyer contributes at least $1,000.
Is Down Payment Assistance Program still available in 2026?
The official page listed it as offered when we last checked on Nov 3, 2026. Funding can change, so confirm with the administrator.
Who runs Down Payment Assistance Program?
City of Chattanooga, City of Chattanooga, Tennessee. Apply through the program or one of its participating lenders.
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