American Dream Downpayment Initiative

The American Dream Downpayment Initiative (ADDI) Program is designed to assist first-time homebuyers who want to purchase a home within the City of Cincinnati.

Applicants may be awarded up to $5,000 in the form of a five-year forgivable loan that can only be used for a down payment and/or closing costs.

The City is currently accepting ADDI applications. Please contact 513-352-6146 for additional information.

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)

Program Guidelines  ADDI Application