All Programs
Showing 8 of 8 programs
Philly First Home
Philadelphia Housing Development Corp. (PHDC)
A homebuyer assistance grant from the City of Philadelphia to help first-time buyers reduce their principal, cover down payment, and pay loan closing costs. This is free money — it does not need to be repaid.
Turn the Key
Philadelphia Housing Development Corp. (PHDC)
Part of Mayor Parker's H.O.M.E. Plan, Turn the Key provides mortgage buydown assistance for newly constructed, energy-efficient homes built on publicly-owned city land. Designed to help income-qualified buyers build long-term equity.
Keystone Advantage Assistance Loan
Pennsylvania Housing Finance Agency (PHFA)
A statewide program offering a zero-interest second mortgage to help Pennsylvania homebuyers cover down payment and closing costs. The loan is repaid monthly over 10 years at 0% interest, making it a highly affordable bridge to homeownership.
K-FIT: Keystone Forgivable in Ten Years
Pennsylvania Housing Finance Agency (PHFA)
K-FIT provides a forgivable second mortgage loan for down payment and closing costs. The loan is forgiven at 10% per year over a 10-year period, meaning buyers who stay in their home for 10 years owe nothing.
HOMEstead Down Payment Assistance
Pennsylvania Housing Finance Agency (PHFA)
The HOMEstead program provides a forgivable second mortgage for down payment and closing cost assistance to homebuyers in eligible Pennsylvania counties, including Philadelphia.
Rental Improvement Fund (RIF)
Philadelphia Housing Development Corp. (PHDC)
The Rental Improvement Fund offers forgivable loans to small Philadelphia landlords for essential property repairs. Loans are forgiven over time as long as landlords maintain affordable rents.
NPI Small Landlord Loans
Philadelphia City Council (Neighborhood Preservation Initiative)
As part of Philadelphia's $400 million Neighborhood Preservation Initiative, small landlords can access forgivable loans to make property repairs and maintain housing affordability.
Restore, Repair, Renew (RRR)
Philadelphia Housing Development Corp. (PHDC)
A City of Philadelphia initiative offering low-interest home improvement loans to Philadelphia homeowners and small landlords. With a fixed 3% APR over 10 years, RRR makes it affordable to tackle major repairs.