
400 Market Ave N - Suite 400 - Canton, OH 44702 | 330-458-0962 | A HUD-Certified Housing Counseling Agency
City of Canton Down Payment Assistance
For many potential home buyers with a steady income and good credit, the biggest barrier to buying their first home is coming up with the funds needed for down payment and closing costs. Community Building Partnership and the City of Canton have partnered to offer first-time homeowners assistance with down payment and closing costs.
Eligible applicants can receive up to $5,000 toward down payment and costs associated with purchasing your first home. The program objective is to offer low-to-moderate income, first-time home buyers assistance with these upfront costs of purchasing a home, making home ownership more affordable. All you need to get started is a letter of pre-approval from a lender and a purchase agreement!
Financial Requirements
General Requirements
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Income eligibility (see chart below)
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Household assets less than $15,000
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Buyer contribution of $500
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Back-end debt-to-income ratio less than 43%
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First-time homebuyer or have not owned in past three years
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Reside in property for five years following closing
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Obtain eHome online certification (free of cost)
Is my home eligible?
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Located within City of Canton limits
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Single family home
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Free of major defects and not foreclosed
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Purchase price not exceeding $209,000
1 person
2 people
3 people
4 people
5 people
6 people
7 people
8 people
Household AMI
(Area Median Income)
80% AMI
$48,450
$55,400
$62,300
$69,200
$74,750
$80,300
$85,850
$91,350

To learn more or to apply for this program, call our offices at 330-458-0962 or email Allison Boogaart at allison@communitybuildingpartnership.org.