The Department of Community Development coordinates the City of Cincinnati’s American Dream Downpayment Initiative (ADDI) Program. The ADDI Program is designed to assist first-time homebuyers who wish to purchase a home within the limits of the City of Cincinnati. Applicants may be awarded up to $5,000 in the form of a 5-year forgivable loan that can only be used for down payment and/or closing costs.

The buyer must:

• Be a first time homebuyer.
• Be at or below 80% of the median area income
• Complete homebuyers counseling through a HUD approved agency
• Provide valid documentation of all sources of income (employment and benefits)

The residence must:

• Be located within the City of Cincinnati limits
• Pass a local housing code inspection (conducted by the City Building Department)
• Be a single-family residence, multi-families are not eligible.

The City is currently accepting ADDI applications.

2012 Program Guidelines

2012 ADDI Application

Please contact the Department of Community Development at (513) 352-6146 for additional information.