Homes On The Hill (HOTH) offers down payment assistance to homebuyers purchasing homes in Franklin County who are not current homeowners. Up to 3% of the sale price (maximum of $3000 per household) is available for down payment or certain closing and loan costs listed immediately below.

Eligible use of funds

• Down Payment

• Appraisal fees

• Title binder & title policy

• Credit report fee

• Application fee

• Closing fee 

Eligible Homes

Single-family homes and condominiums located in Franklin County are eligible.

Eligible Households

• All homebuyers must have completed a homebuyer education course from an approved HUD certified housing counseling agency and a certificate of completion must be supplied at time of application. Fast Track or Quick Start certificates will not be accepted.

• Homebuyers must be owner-occupants and reside in the home for at least 5 years. Land contracts are not eligible. Ownership must be fee simple.

• Buyer must contribute $500.

• Total household income must be at or below 65% of the median income according to the most recent HUD guidelines for Franklin County in the following table:

In order to receive down payment assistance funds, the homebuyer must make an appointment to meet with a HOTH housing counselor. The lender must provide to HOTH a complete application package (see submission checklist). Application must include copy of purchase contract, buyer income verification, loan information, and certificate of completion of homebuyer education course.

The funds for this program are limited and are available on a first-come, first-served basis.