DreamMaker Home Buyer Assistance Program

The Housing & Neighborhood Services Department (HNSD) offers three DreamMaker (DM) programs with different levels of home buying assistance offering affordable loans for down payment assistance, closing costs, gap financing and other related expenses. The level of assistance varies depending on the location and construction type of the home.

DreamMaker 1

• Up to $5,000 deferred, repayable upon transfer of title, refinance, or demise
• Minimum of $1,000 home buyer contribution toward home purchase
• Outside of Target Neighborhoods
• Citywide eligibility

DreamMaker 2

CDBG Neighborhoods

• Up to $7,500 deferred, repayable upon transfer of title, refinance, or demise
• Minimum of $1,000 home buyer contribution
• House location inside of CDBG Neighborhoods

DreamMaker 3

New construction only

• Maximum Loan amount: New Construction in Urban Redevelopment and CDBG Areas. Home must be pre-approved by HNSD for the DM 3 program prior to construction
• Savannah Gardens (ONLY) - Up to $60,000*, deferred, repayable upon transfer of title, refinance, or demise. * Up to $60,000 for two-story homes; Up to $40,000 for single-story homes 
• Urban Redevelopment Areas - Up to $30,000
• CDBG Neighborhoods - Up to $20,000
• Maximum term: 30 years deferred, payable upon transfer of title, refinance, or demise
• Minimum of $1,000 home buyer contribution
• Revitalization Areas: Urban Redevelopment Areas (URA)

Application must be downloaded and saved to your computer in order to submit.

DreamMaker Application  (download to your computer, complete form, save and e-mail to submit)

You may request to be sent an electronic DreamMaker application via DocuSign.

DreamMaker Down Payment Assistance Brochure - 2021 Income Limits

The Applicant and Co-Applicant must provide all of the following, if applicable: 

• Please complete and sign the attached application
• Attach a copy of a Picture ID for the Applicant and Co-Applicant
• Copy of current income for ALL household members, including most recent:
• 9 paycheck stubs (if paid every week)
• 5 paycheck stubs (if paid every two weeks)
• 4 paycheck stubs (if paid twice a month)
• 2 paycheck stubs (if paid once a month)
• Proof of Child Support (Most recent 12 months print out)
• Copy of Child Support Court Order
• Current Year SSI (Social Security Supplemental Income Awards letter – if applicable)
• Current Year SSA (Social Security Awards letter - if applicable)
• Current Pension checks or letter
• Current Year VA Disability or Retirement letter
• Signed Federal Tax Returns for two most recent years
• All W-2s for two most recent years
• Bank Statements (2 most recent months for each account) - all pages, including blank pages
• Most recent quarterly IRA/401k statement (if applicable) - all pages, including blank pages
• Copy of Home Buyer’s Education Certificate- Date MUST be 1 year or less 

PARTNERS - In Educating Future Home Buyers

Please call to schedule your class with one of the following organizations below.

Housing & Neighborhood Services Department