Grants

Housing Resources has the ability to help you reserve the following grants:

Down Payment & Closing Cost Grants

Upon your Homeownership Specialists’ assessment, consideration for a down payment/closing cost grant is initially determined. In order to be eligible for these grants, you must meet income and other guidelines. Based on funding availability, eligibility and an accepted offer to purchase, HRI Specialists complete grant applications to reserve down payment and closing cost funds on your behalf.


Havenwoods Employer Assisted Housing Program

The program provides $3,000 of down payment assistance for full time employees of Havenwoods who choose to buy in Havenwoods.  Employees that choose to purchase in the City of Milwaukee will receive $1,500 in down payment assistance.   Participants of the program must remain with their current employer for three years and remain in their purchased home for three years.

Employers that are currently participating include HellermannTyton, Fredman Bag Co., Hentzen Coatings, and TJM Innovations. HRI is the designated homebuyer education provider for the program.

Click here for more information


Housing Cost Reduction Initiative (HCRI)

This assistance (up to $10,000) is made possible through funding received from the State of Wisconsin-Division of Housing. These grant funds are forgivable over the initial three-year period of owner-occupancy for homes purchased in Milwaukee, Racine, Kenosha, Walworth, Waukesha, Washington or Ozaukee Counties.  Income guidelines apply and are based on county and household size.

Click here to download the brochure for additional requirements.


Wintrust Down Payment Assistance

Wintrust is offering $2,000 in down payment assistance if you are purchasing a home in Kenosha, Racine, Milwaukee, Waukesha, Dane, Rock, Green, Jefferson, Lafayette or Walworth counties.  You must meet income eligibility and other program guidelines.  Click here for more information.  Contact HRI to get started at 414-461-6330.


HOME Consortium Down Payment Assistance

The HOME Consortium home ownership assistance program helps families afford a home of their own by providing deferred loans. The DOWN PAYMENT ASSISTANCE LOAN (DPA) program provides eligible home buyers with a forgivable loan of up to $5,000 to be used for down payment and/or closing costs. Funds are for buyers purchasing in Waukesha, Jefferson, Washington or Ozaukee counties. For more information, click here to visit the HOME Consortium website.


Downpayment Plus®

The Downpayment Plus® Program provides up to $6,000 in grant assistance to homebuyers state-wide who meet income guidelines and other qualifying criteria. Funds are for down payment and closing costs and are forgivable over a five year period of owner occupancy.


Movin’ Out AHP Down Payment Assistance

This program provides down payment assistance for first-time homebuyers with a permanent disability or who have a family member with a permanent disability. These funds can be used to purchase a home anywhere in Wisconsin. Contact 1-877-861-6746 or go to movin-out.org for additional information.


Homeownership Opportunity Program (HOP)

Old National Bank offers this program in partnership with the Federal Home Loan Bank of Indianapolis.  You can receive up to $8,000 to assist you with down payment and closing costs.  Click here for more information 


The PATH Program

Associated Bank is offering $4,000 in down payment and closing cost assistance for first-time and repeat homebuyers.  Eligibility requirement apply.  For more information, click here.


Chase Homebuyer Grant

Chase Bank is offering $2,500 in assistance for those who qualify.  Eligibility requirement apply.  For more information, click here.


Please keep in mind that you can work with only one counseling agency when applying for grant funds.