The American Dream Downpayment Initiative (ADDI) provides downpayment, closing costs, and rehabilitation assistance to eligible individuals through grant funding administered by local housing agencies that receive HOME funds from HUD. To be eligible, you must be first-time homebuyers (defined as an individual and his or her spouse who have not owned a home during the three-year period prior to the purchase and have incomes not exceeding 80% of area median income). ADDI funds may be used to purchase one- to four- family housing, condominium unit, cooperative unit, or manufactured housing. The American Dream Downpayment initiative is one of many HUD-funded grant programs available on the state and local level.
To find out more information on your local homeownership and repair programs, visit the following web site: https://www.hud.gov/buying/localbuying