Down Payment Assistance

down payment assistance grant application

Our Discretionary Grant program awards grants to first-time homebuyers in the Music, Creative, and Hospitality industries of Nashville. By providing this assistance, we hope to Keep Nashville Music City. Applications are reviewed quarterly and recipients are chosen by a special selection committee once every three months.

Eligibility requirements:

1.) Have worked in the music, creative, or hospitably industry(ies) for a minimum of 5 years.

2.) Have lived in Davidson or the 12 surrounding counties for a minimum of 5 years.

3.) Have been pre-qualified and looking to purchase and close on their first home in the next 0-3 months. 

4.) Meet our income limits and purchase price criteria per county here. Income limits are for up to 2 people on the loan.

5.) Provide one personal and one professional reference to the application below 

Selected grantees will have $6,000 gifted to them at closing via wire transfer to their title company. The gift will be listed as a credit toward the recipient's down payment or closing cost per their closing documentation.

Not quite ready for the grant application process?

There are other ways we can help!