Down Payment Assistance

Shelby County’s Down Payment Assistance (DPA) Program assists low and moderate income individuals in covering a portion of their down payment and closing costs associated with purchasing a home. The home that you buy may be either an existing home or a newly constructed home anywhere within the boundaries of Shelby County as long as the purchase price does not exceed $300,000. Effective February 15, 2023, up to $6,000 is available as a 3% fixed rate loan and repayment terms can extend up to 15 years (180 months). Debt ratios must not exceed 45% total debt.


  • The purchaser must invest a minimum of $500 of his/her own funds.
  • The home being purchased must be located within Shelby County.
  • Purchasers must be able to qualify for either THDA, FHA, VA, or Conventional Financing.
  • Purchasers need a good credit history, stable employment, and must complete a certified Homebuyer Education Class.
  • You must also meet minimum and maximum income limit requirements by family size as shown in the chart below.
Household Size Income Limits
2 or fewer $26,100 - $85,990
3 or more $26,100 - $98,888


For more information contact the Shelby County Department of Housing at 901-222-7614 weekdays between 8:00 a.m. and 4:30 p.m. Ask to speak with a Down Payment Assistance Loan Counselor Darren Bortters. A Counselor can answer any questions that you may have and will be able to provide you with further information on the Down Payment Assistance Program.