The OFFICE of DOWN PAYMENT ASSISTANCE (DPA)  provides funds to help meet the down payment and closing cost requirements needed to complete the closing of a new or existing home. All properties must be located within Memphis city limits or designated areas per program guidelines. DPA administers the following programs: 
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• Citywide DPA Programs:​
• Citywide DPA – maximum income limit is 80% area median income, and may purchase anywhere in the city limits.​
• Memphis Housing Authority DPA – current or recently displaced MHA residents, the maximum income limit is 80% area median income, may purchase anywhere in the city limits. ​
• DPA Homebuyer Incentive Programs:​
• Homebuyer Program Incentive Citizens (HIPC) – Maximum income limit  is 200% area median income; must purchase within 15 designated areas within the city!​
• Homebuyer Program Incentive Police (HIPP) – Must be a uniformed officer with City of Memphis Police Department for a minimum of one year, no income limit, may purchase anywhere in the city limits.​
• Homebuyer Program Incentive Firemen (HIPF) – Must be a front-line firefighter with the City of Memphis Fire Department for a minimum of one year, no income limit, may purchase anywhere in the city limits.​
• Homebuyer Incentive Program Memphis Shelby County Schools (MSCS) – Must be a full-time Memphis Shelby County School Employee for a minimum of two years, no income limit, may purchase anywhere in the city limits.​
• Covid Housing Assistance Program (CHAP) – administer funds to a nonprofit organization to provide to families/individuals to prevent foreclosures and evictions in the city of Memphis.  ​
  
  

For more information about Downpayment Assistance, please see the following: hcdaffordablehousing.com/hcd​

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