DPR Tallies 49 Homebuyer Assistance Programs Specifically for Veterans, Service Members

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Down Payment Resource, Atlanta, in recognition of Military Family Appreciation Month in November, highlighted homebuyer assistance programs specifically aimed at veterans and service members.

While they range in offerings, the 49 programs provide funds for veterans, active-duty service members and their surviving spouses and can help individuals build or buy homes, or make accessibility-related home renovations.

“Owning a home is foundational to long-term financial stability, and our goal is to ensure veterans and their families are aware of the assistance available to them,” said DPR Founder and CEO Rob Chrane. “As we celebrate Veterans Day and Military Family Appreciation Month, we’d like to thank our veterans, service members and their families. It’s our hope that these programs can unlock the doors to homeownership and all the benefits it brings for them in the coming year.”

There’s a range of programs specifically designed for veterans, service members and their families. The financial assistance amount offered ranges from $2,500 to $117,000, DPR found.

Among the 49 programs, 15 offer forgivable assistance and another 15 are grant programs that don’t have to be repaid. Twenty-four support the purchase of small multi-family (one to four unit) residential properties.

Additionally, there are 211 homebuyer assistance programs that exempt veterans from first-time buyer requirements, DPR found.