The Affordable Housing RFQ deadline has been extended to October 18, 2024 at 4:00 PM. For questions please reach out to Porchia Rawls at porchia.rawls@birminghamal.gov.

The Pro Housing Grant Application Draft public hearing recording can be found here. The public comment period is ending on October 10, 2024, at 4:00 PM.

For more information, click here.

Down Payment Assistance Program

Program Overview

The purpose of the Ready to Own Program is to make homeownership more affordable for families through homebuyer assistance to qualified households purchasing a home within the City Limits of Birmingham.

  • Homebuyer assistance of up to $10,000
  • 5-year forgivable loan at 0% interest (with restrictive covenant)
  • Funds can go towards down payment, closing costs & interest rate buydowns
  • Property MUST be purchased within the city limits of Birmingham
  • Homebuyer Education is required in becoming a program participant.

Eligibility Requirements

  • Borrower MUST have minimum 600 credit score
  • Household income must not exceed the current HUD income limit at 80% of AMI
  • Homebuyers must complete a homeownership education course
  • Must have a signed purchase agreement before funds are reserved

Neighborhood Housing Services Role

  • Client Intake
  • Case management of clients
  • Homebuyer education
  • Facilitation of closings
  • Community seminars
  • Employee seminars

Our Partners

Participating Lending Partners:

Lenders are providing matching funds between $7,000 – $10,000 dollars