State Program
KHC Affordable DAP (Down Payment Assistance Program) – 2025 Kentucky Housing Assistance Guide
KHC Affordable DAP (Down Payment Assistance Program) is part of Kentucky’s strategic housing initiatives to improve affordability and expand access to homeownership across the state.
Program Details
KHC Affordable DAP (Down Payment Assistance Program) provides tailored housing solutions for Kentuckians, including down payment assistance, mortgage credit support, subsidized loans, or rental transitions. These programs are administered by KHC (Kentucky Housing Corporation) or local municipalities to promote stable and sustainable housing opportunities.
Eligibility Requirements
- Kentucky residency or property location
- Income and credit score requirements
- Some programs prioritize first-time buyers, low-income families, or veterans
- Income and credit score requirements
- Some programs prioritize first-time buyers, low-income families, or veterans
Program Benefits
- Offers down payment and closing cost support
- Reduces financial entry barriers to homeownership
- Includes tax credits, loan guarantees, and market rate financing options
- Reduces financial entry barriers to homeownership
- Includes tax credits, loan guarantees, and market rate financing options
How to Apply
1. Review program eligibility and document checklist on the KHC or city housing website
2. Complete the homebuyer education course if required
3. Submit application through KHC portal or partner lender
4. Await loan approval or grant funding decision
2. Complete the homebuyer education course if required
3. Submit application through KHC portal or partner lender
4. Await loan approval or grant funding decision
Program Overview
Category
State Program
Official Program Website
Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.
Important Note
Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.