Down Payment Resource: 45 New Homebuyer Assistance Programs Added in Q2
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Down Payment Resource, Atlanta, released its Q2 2025 Homeownership Program Index report, finding a total of 2,554 programs in the quarter, the highest on record. Forty-five were added last quarter.
In terms of the number of people who can access the programs, DPR found 967, or 38%, are available to repeat buyers and 257, or 10%, don’t have any income restrictions.
DPR also found that there’s a growing number of programs to support the buying of multifamily homes, with 861 programs now supporting multifamily purchases, up 3% from Q1.
Of those, 573 allow for 3-unit properties, up 2% from Q1 and 546 allow for 4-unit properties, also up 2% from Q1.
The number of programs that allow for the purchase of manufactured housing increased by 4%.
There were 1,587 programs reserved for first-time buyers, up by 3% from Q1, and 31 programs that specifically provide support for first-generation homebuyers. Sixty-eight programs offer specific assistance for educators, 52 for Native American buyers, 45 for military veterans and 35 for active-duty military.
Broken down by how they’re provided, 1,011, or 40%, are offered via municipalities or local program providers, a 2% increase over the previous quarter and a 46% increase year-over-year. And, 67 programs are sponsored by employers, up 8% from Q1 and 33% year-over-year.
Eighty-one percent of programs were deferred payment programs, up 2% from Q1.
Of the 2,554 programs, 79% are currently funded, 11% are inactive, 4% have a waitlist for funding and 6% are temporarily suspended.
“With home prices rising and interest rates still hovering close to 7%, prospective homebuyers are feeling the pinch heading into the summer, traditionally a very active homebuying season,” said Rob Chrane, founder and CEO of DPR. “Even with these market headwinds, we are heartened to find more assistance programs than ever–at least one in every U.S. county and 2,000 counties with 10 or more–helping lenders qualify eligible buyers and close more loans in this tough market.”
