Home Buying Grants - African American

The dream of homeownership for many African Americans is becoming more attainable in 2026 through a surge of specialized grants and down payment assistance (DPA) programs designed to close the racial wealth gap. Empowering First-Time Buyers

Their Community Homeownership Commitment includes grants up to $10,000 for down payments and up to $7,500 in lender credits for closing costs. african american home buying grants

The Neighborhood Assistance Corporation of America (NACA) offers a "Best in America" mortgage with no down payment , no closing costs, and no private mortgage insurance (PMI). Major Bank Initiatives The dream of homeownership for many African Americans

Provides $2,500 to $5,000 (higher in select markets) to cover closing costs or buy down interest rates. Regional Opportunities Building Black Homeownership with Down Payment Assistance no closing costs