Hardest Hit Fund Down Payment Assistance

Hardest Hit Fund Down Payment Assistance

Are You Tired of Renting? Now is An Excellent Time to Buy.

SC Housing announces the Hardest Hit Fund DPA Program, an FHA mortgage program for first-time homebuyers in specific zip codes within Richland, Lexington and Sumter counties. Designed to strengthen demand and stabilize house prices, the federal government Hardest Hit Fund (HHF) is providing funding for $15,000 down payment assistance (DPA) to each qualified recipient. This DPA will be completely forgiven if you remain in the house for at least ten years. Funding is limited and the program is offered on a first-come, first-served basis, so you will need to act quickly. Reservations opened on October 15, 2018.

To qualify for the Hardest Hit Fund Down Payment Assistance Program, properties must be in one of the following zip codes in Lexington, Richland or Sumter counties.

29006 29016 29033 29040
29044 29052 29053 29061
29063 29070 29073 29104
29123 29128 29150 29153
29154 29160 29170 29172
29203 29204 29209 29210

Program Criteria

  • The program applies to existing homes only. New construction is not eligible.
  • SC Housing Consolidated Income and Home Price Limits for 2018 apply.
  • Homebuyer Education is required for all loans.
  • The home must be the primary residence of the borrower.
  • The homebuyer’s minimum credit score must be 620.

For More Information

Contact one of SC Housing's approved lending partners, call us direct at 803.896.2211 or email us at mortgage.production@schousing.com.

You may also download the HHF Borrowers Flyer.