Philly First Home (PA): Amount, Requirements & How to Apply

Philly First Home

Quick answer

Philly First Home is a Pennsylvania down payment assistance program from Philadelphia Housing Development Corporation (PHDC); City of Philadelphia Division of Housing and Community Development. It provides Up to $10,000 (or 6% of the home's purchase price, whichever is lower) as a grant (no repayment). 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.

Eligibility notes

City-funded grant for down payment/closing costs; must be repaid if buyer moves or refinances within 15 years; first-time or no ownership in past 3 years; one-on-one counseling with City-funded agency required before signing agreement of sale; single-family or duplex (no condos); income chart by household size up to 100% AMI tiers (1 person $85,900 to 8 persons $162,000); 2026 flyers posted.

Where does Philly First Home apply?

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

Down payment assistance in Philadelphia

Detail	Program terms
Assistance	Up to $10,000 (or 6% of the home's purchase price, whichever is lower)
Type	Grant (no repayment)
Minimum credit	Not published on the program page
First-time buyer	Required
Income limits	not stated

How does Philly First Home work with an FHA loan?

Pennsylvania'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://phdcphila.org/residents/homebuyers-and-renters/philly-first-home/. Programs can pause when funds run out, so confirm availability with a participating lender.

← All Pennsylvania down payment assistance programs

Frequently asked questions

Up to $10,000 (or 6% of the home's purchase price, whichever is lower), according to Philadelphia Housing Development Corporation (PHDC); City of Philadelphia Division of Housing and Community Development.

No — it's a grant.

not stated

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.