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Lower Launches Program to Help First-Time Homebuyers Save for a Down Payment

Lower Launches Program to Help First-Time Homebuyers Save for a Down Payment

by Phil Hall | Aug 5, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lower, the homeownership platform designed to help first-time homebuyers build wealth, has rolled out ONE by Lower, a new mortgage program designed to help homebuyers save for a down payment. According to the Columbus, Ohio-based company, eligible buyers contribute as...
Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan

Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan

by Phil Hall | May 1, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pennsylvania Housing Finance Agency (PHFA) has rolled out Keystone – Due At Time of Expiration (K-DATE), a new home purchase assistance loan designed to offer downpayment and closing cost assistance with 0% interest and no monthly payments. According to the PHFA,...
Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year

Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year

by Phil Hall | Jan 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 2,619 down payment programs were active during the fourth quarter of 2025, according to a new data report from Down Payment Resource (DPR). While the total count is five programs fewer than during the third quarter, it is also 6% greater than the 2,466...
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs

Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs

by Phil Hall | Jan 20, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
Report: 70 New Down Payment Assistance Programs Launched During Q3

Report: 70 New Down Payment Assistance Programs Launched During Q3

by Phil Hall | Oct 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Seventy new down payment assistance programs were launched across the country during the third quarter, according to a new data report from Down Payment Resource (DPR). This brings the total number of active assistance programs nationwide to 2,624. More than 2,000...
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