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CHFA Down Payment Assistance Program (DAP)
The Connecticut Housing Finance Authority (CHFA) offers up to $15,000 in down payment assistance (DPA) in the form of a second mortgage.
- The minimum DPA loan amount is $3,000.
- You can normally borrow between 3% and 3.5% of the purchase price of the home—no more than the minimum required down payment.
- Borrowers are required to attend a free home buyer education course.
To apply for this program, you need to first obtain mortgage approval from a participating lender. You’ll find a list of approved lenders on the CHFA homepage. And check out HUD’s list1 for other programs in Connecticut.
CHFA Down Payment Assistance Program (DAP)
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