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Philly First Home is Reopen for First-Time Homebuyers

The Division of Housing and Community Development (DHCD) and Philadelphia Housing Development Corp. (PHDC) announce the Philly First Home program, the City’s first-time homebuyer down payment assistance program, reopens today!

Philly First Home program provides up to $10,000 (or 6% of the purchase price, whichever is less) in assistance. The homebuyer must:

  • Be a first-time homebuyer or a buyer who has not owned a home for at least three years

  • Purchase a home in Philadelphia

  • Have a household income at or below 100% Area Median Income (AMI)

  • Complete housing counseling at a DHCD funded housing counseling agency

The Philly First Home programs funds can be used towards a down payment and/or closing costs.

Interested future homeowners can contact DHCD-funded Housing Counseling agencies starting May 2, 2022. To learn more about DHCD’s housing counseling agencies, please click here.

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