More Buyers Use Down Payment Help

Homeownership Program Index Q2 2019

Industry data shows use of down payment assistance doubled in four years

Homeownership Program Index Reports Program Funding Down Nearly 3% While Down Payment Assistance Use Increases 

Atlanta, GA, July 25, 2019 – Atlanta-based Down Payment Resource, the nationwide database for homebuyer programs, today released its First and Second Quarter 2019 Homeownership Program Index (HPI). The number of total programs decreased to 2,516, down just 8 programs from the fourth quarter of 2018. Nearly 83 percent (82.9%) of programs currently have funds available for eligible homebuyers, down 2.9 percent from the previous index. keep reading