Down payment assistance
Grants and loans can make the difference when it comes to buying a home.
Financial help is there - if you know where to look.
From government grants for first-time homebuyers to specia loan rates and incentives offered by local banks, there are a lot of tools to help break the downpayment barrier and buy your first home..
It takes the right combination of resources.
The Neighbor Project’s guides are experts in down payment assistance. Available grants and loans are always changing; if you’re ready to buy a home and need to supplement your savings, we can help create a plan for you.
Homebuyer Education unlocks opportunities.
Most households who become homeowners with The Neighbor Project don’t rely on just one tool. It takes a combination. Programs like Breakthrough Rental can help renting families save, while grants and loans from a variety of sources supplement your savings to make homebuying happen.
When you take our Homebuyer Education course, we work to bundle these direct grants with other resources from state, federal and local sources – often for a total down payment assistance of more than $20,000.
Many of these tools are only available if you’ve got a Homebuyer Education course certificate. The course is the first step.
From us, for us.
The Neighbor Project doesn’t just connect you with grants; we also have our own.
Since 2023, the Closing the Gap grant has helped Aurora-area institutions to join together to address the racial homeownership gap and create more just distributions of generational wealth. Black homeownership rates are 30 percentage points lower than White rates in the U.S., and Black families often face additional challenges to homeownership. This grant exists to remove them.
Closing the Gap is administered by the Community Foundation of the Fox River Valley. Learn More & Donate here.
Ready to apply?
We explore down payment assistance in one-on-one sessions as part of the Homebuyer Education course. Ready to explore your options with an expert? Your first stel is to enroll.
Sponsor a grant
Closing the Gap is a Neighbor Project grand fund aimed specifically at narrowing the gulf between Black and White homeownership rates in the Aurora area. We’ll be matching the first $50,000 given to this fund.
We need you.
Aurora’s greatest asset is the people who live here. Empower them - and we all prosper.
To learn how you can help, leave your email in the box at right.
