Federal Home Buying Grants May 2026

: Specific funds to help cover the 2%–5% of the home price typically required for closing. Typical Eligibility Requirements

The federal government does not provide direct "free money" grants to individuals for buying homes. Instead, federal assistance is primarily delivered through government-backed loan programs, interest rate reductions, and funding allocated to state and local agencies that then offer grants to eligible residents. federal home buying grants

: Often structured as a grant or a "silent" second mortgage that is forgiven if you stay in the home for a set period. : Specific funds to help cover the 2%–5%

To qualify for most federally funded home-buying programs, you generally need: interest rate reductions