Applications are now open for Down Payment Assistance and Home Repair Programs


The Louisville Metro Housing Office is now accepting applications for its down payment assistance and home repair programs, all of which are aimed at helping low- to moderate-income people to own, keep and create a home. generational wealth.

In the approved budget, Mayor Greg Fischer allocated $ 3 million for the down payment assistance program, up from $ 1 million in fiscal year 2021, and approximately $ 7.7 million for the four programs. Home Repair Repair – Regular Home Repair, At Risk, Russell Rental Rehab and Exterior Code Relief.

“Homeownership is crucial for residents to create generational wealth. Thanks to the Down Payment Assistance Program, we are expanding access to homeownership for people for whom a down payment is a barrier to entry, ”said the mayor. “And our home repair programs help existing homeowners who are struggling to afford costly repairs and who are at risk of losing their home or being forced into unsafe or unsanitary conditions.”

Households must be equal to or less than 80% of the region’s median income (MAI) to be eligible for down payment assistance and home repair programs. That’s $ 61,500 or less a year for a family of four.

Nominations for both can be submitted at, and hard copies are available at the Metro Development Center, 444 S. 5th St. Those with questions about the application process and programs can call the Housing Office at (502) 574-5850.

Down payment assistance

The Down Payment Assistance Program provides a partially repayable loan with 0% interest to low and moderate income homebuyers for the down payment and closing costs associated with buying a home in Louisville.

Approved applicants can receive up to 20% of the purchase price of the home, and the amount is determined based on individual needs. The average amount of down payment assistance paid is $ 21,706 per applicant.

Within the framework of a duration of the aid, the home purchased must be the main residence of the purchasers for a period of 5 to 15 years, depending on the amount of the aid received. At the end of this specified period, 50% of the loan is canceled.

The down payment assistance program is not limited to first-time home buyers only. Eligible applicants must:

  • Be pre-approved for a mortgage from a local financial institution;
  • Have no unpaid collections, overdue balances or unpaid bankruptcies, with the exception of medical recoveries up to $ 10,000;
  • Have at least $ 1,500 in savings;
  • And stick to the price limits set for houses.

Learn more about the down payment assistance program at

Home repair programs

Home repair programs are committed to providing repairs to help stabilize the homes of low- and moderate-income individuals who currently own and live in a single-family home.

The Regular Home Repair, At-Risk and Russell Rental Rehab programs focus on maintaining and increasing the supply of affordable, decent, safe and hygienic housing by making investments that have a positive impact on health and safety occupants, including repair or replacement of HVAC, furnace, electrical, plumbing, roofing and gutters.

The Exterior Code Lightweight Program eliminates exterior code violations and performs minor exterior repairs essential to improve home durability while ensuring their home is warm, safe, and dry. Funds from this program can pay for the repair or replacement of exterior paint, siding, foundation, windows, roof and more.

The average amount of home repair assistance paid through the four programs is $ 24,000 per claimant.

The Exterior Code Relief Program and Regular Home Repair Program are available to qualified residents of Louisville. The Russell Rental Rehab program is only available to property owners in the Russell neighborhood, and the At-Risk program is for residents of West Louisville, Shelby Park and Smoketown.

Learn more about home repair programs at



About Matthew R. Dailey

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