Are There Grants for First Time Homebuyers in Denver?

Buying your first home in Denver is an exciting milestone but it can also feel overwhelming when it comes to saving for a down payment or covering closing costs. The good news? There are first time homebuyer grants and assistance programs in Denver designed to make homeownership more attainable, even if you don’t have a large amount saved.

I’m Felix Luck, a Denver Realtor with Compass Real Estate, and over the past eight years, I’ve helped buyers turn their homeownership goals into reality through strategic planning, trusted partnerships, and a client first approach. With a background in construction and a deep understanding of Denver’s real estate market, I guide my clients through every step of the process with clarity, integrity, and heart.

If you’ve been asking, “Are there grants for first time homebuyers in Denver?” here’s what you should know.

First Time Homebuyer Grants and Programs in Denver

 

The Denver housing market offers a range of options for first time buyers, from modern condos in RiNo and Capitol Hill to charming homes in Park Hill and family friendly neighborhoods in Central Park. And with local and state programs available, financial assistance may be closer than you think.

Here are some key Denver first time homebuyer programs worth exploring:

1. MetroDPA Down Payment Assistance Program
   The MetroDPA (Down Payment Assistance) Program is one of the most popular options for Denver residents. It provides a grant of up to 5% of your home loan amount, which can be used toward your down payment or closing costs. Even better, this assistance is forgivable after three years, meaning it doesn’t need to be repaid if you stay in your home.
2. CHFA (Colorado Housing and Finance Authority)
   While CHFA serves the state of Colorado, it’s widely used by Denver homebuyers. This program offers down payment assistance grants or second loans to qualified buyers. CHFA also provides homebuyer education classes, which are helpful for understanding the financial and practical aspects of owning a home.
3. Denver Affordable Housing Ownership Program
   For buyers meeting income and residency qualifications, the City and County of Denver offer affordable homeownership opportunities with reduced purchase prices. These homes are available throughout the city and often include modern layouts and desirable locations close to public transit, schools, and parks.
4. Local and Employer Assistance Programs
   Some Denver area employers and community organizations offer additional housing assistance to employees or residents. These programs can sometimes be combined with other grants or financing options to reduce upfront costs even further.

Why Working with an Experienced Denver Realtor Matters

Finding and qualifying for homebuyer grants in Denver can be a complex process and that’s where working with the right Denver Realtor truly makes a difference.

With over eight years of experience and a foundation in construction, I provide my clients with more than just property guidance. I offer clarity on the entire process: from connecting you with trusted local lenders who specialize in grant programs to helping you choose neighborhoods that align with your lifestyle and long term goals.

At Compass Real Estate Denver, I use cutting edge technology and data driven insights to help buyers make informed, strategic decisions in an ever evolving market. But what truly defines my work is my commitment to integrity, hard work, and heart ensuring every client feels supported and empowered through every stage of the journey.

Denver Living: A City Worth Calling Home

From the creative energy of RiNo and the historic streets of Wash Park to the suburban serenity of Littleton and Green Valley Ranch, Denver offers an incredible mix of lifestyle options. Whether you’re looking for nightlife, outdoor adventure, or a quiet sense of community, there’s a neighborhood that feels just right.

And with the help of local grants and smart financing, homeownership here is more achievable than ever.

Let’s Find the Right Path to Your First Home in Denver

If you’re a first time homebuyer in Denver looking to explore down payment assistance or grant programs, I’d love to help you navigate your options with strategy, clarity, and care. Together, we’ll create a personalized plan to get you from dreaming about your first home to holding the keys in your hand.

Let’s connect today to start your homeownership journey in Denver with the right strategy, the right support, and a Realtor who puts your goals first.