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American Dream Downpayment Initiative (ADDI)

Quick answer

American Dream Downpayment Initiative (ADDI) is a Ohio down payment assistance program from City of Columbus Department of Development - Housing Division. It provides Up to 6% of the purchase price with a maximum of $14,999 as a forgivable loan. It is aimed at first-time buyers. Eligibility, income limits and funding are set by the agency, so confirm current terms on its official page.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast verified

Eligibility notes

Deferred forgivable loan for down payment/closing costs/principal reduction; forgiven after 5 years as sole residence; no home ownership in prior 36 months; single-family or condo within Columbus corporation limits; 2025 ADDI guidelines with income limits effective 6/1/25; first-come first-served.

Where does American Dream Downpayment Initiative (ADDI) apply?

This city-level program is available to buyers in Columbus. Cities on our site where it applies:

DetailProgram terms
AssistanceUp to 6% of the purchase price with a maximum of $14,999
TypeForgivable loan
Minimum creditNot published on the program page
First-time buyerRequired
Income limits120% AMI

How does American Dream Downpayment Initiative (ADDI) work with an FHA loan?

Ohio's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down.

Where do I confirm current terms?

On the official page: https://new.columbus.gov/Services/Housing-Assistance-Programs/Housing-Renters-Programs/American-Dream-Downpayment-Initiative. Programs can pause when funds run out, so confirm availability with a participating lender.

← All Ohio down payment assistance programs

Frequently asked questions

Up to 6% of the purchase price with a maximum of $14,999, according to City of Columbus Department of Development - Housing Division.

It's a forgivable loan: forgiven if you meet the occupancy period, otherwise repaid.

120% AMI

Sources

Data last updated October 25, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.