First Front Door Grant Program for First Time Home Buyers

Husband and wifeCould you use some FREE money to assist you in purchasing a home? If that's the case, you're in luck.

The Federal Home Loan Bank of Pittsburgh provides grants to qualifying first-time home purchasers for closing costs and down payment assistance on eligible homes that are intended to be the home buyer's main residence at the time of program participation.

Single-family houses, townhomes, condos, and modular units are all eligible. Manufactured houses that are permanently attached to a site may be eligible.
FFD aid is not available for investment homes.

The Federal Home Loan Bank of Pittsburgh (FFD) will match the homebuyer's donation three-to-one. The Bank will give $3 in matching grant assistance for every $1 of money supplied by the house buyer, up to $5,000. In other words, if you put $1,000 toward the purchase, the FFD will provide $3,000 toward the down payment and/or closing expenses.

Income Restrictions

Participant's household income must be at or below 80% of the area median income for the area in which they presently live, as calculated by household size and based on the Department of Housing and Urban Development's current year's income limitations (HUD).

Income limitations may be issued or republished by HUD at any time; the Bank will utilize the most current published guidelines to calculate income.
Use the Median Area Income and the Median Family Income Pennsylvania page to learn more (column one).

First-Time Home Purchaser

Participants are not permitted to have owned a house in the previous three years.
Among the first-time homebuyers are:

  • A person who has not owned a single-family house and has not used it as their main residence in the previous three years.
  • If you are buying a home with others, at least one of you must not have had a single-family, main property in the previous three years.
  • Alternatively, if an investment property is owned, the owner does not live there and has not owned a single-family, main home in the previous three years.
  • A house buyer who is separated but not divorced from his or her spouse may still be eligible for help. Speak with the lender about the breakup.

Eligible Properties

The following properties are eligible:

  • Single-family, owner-occupied units that are meant to be the home buyer's main residence at the time of program eligibility. Single-family dwellings are eligible buildings.
  • townhouses,
  • condos as well as
  • houses that are modular.
  • units that are built and delivered to a particular place may be deemed eligible if the house is permanently attached to the site.

    Mobile houses, including campers and those used as transportation vehicles, are not eligible for FFD funding.

    NOTE: FFD aid is not available for duplexes (half owner-occupied and half renter-occupied) or any other kind of investment property.

Counseling for Homeowners

All homeownership counseling must include the following:

  • Provide a reasonable counseling program that prepares participants for homeownership, including the required subject of predatory lending;
  • Provide at least four hours of counseling;
  • Provide certified counseling from one of the sources listed below, either individually or in groups; and Be completed by at least one adult (age 18 and older) resident home buyer

Applications are made through participating lenders.

Not eligible?

It's not a problem if you exceed the income limit or are not a first time home buyer. The Keystone Assistance Program does not have income or a first time home buyer requirement.