Montgomery County Easter Seals Down Payment Program for 2024

Builders, REALTOR®, Lenders, and other Housing Professionals came together and were able to bless many families. The following statistics reflect the success of the Montgomery County Down Payment program for 2024.




  • 35 families purchased their first home with Montgomery County HOME fund assistance
  • A total of $441,000 of HOME funds dispensed
  • Mortgage loans totaling $6,726,412 granted
  • Average Loan - $192,183.20
  • Total borrower’s cash invested $136,569
  • Average monthly housing payment $1,386.80
  • Mortgage payment range - $918.77 – $2,07.05
  • Average interest rate 5.22%
  • Interest Rate range – 3.99% - 6.875%
  • Purchase price of the home ranged from $ 139,900 - $260,575
  • Average purchase price $173,145.93
  • Total appraised value of properties $ 8,999,420
  • Total Mortgage Loans - $6,726,112
  • Homebuyer family household income ranged from $ 34,737 - $ 80,797
  • Homebuyer ranged in age from 22 to 72
  • Average annual property tax $ 3,027

Number of Properties Purchased in the following Zip Codes:

77301 – 1
77303 – 3
77306 – 8
77315 – 3
77318 – 3
77354 – 2
77355 – 1
77356 – 2
77357 – 6
77372 – 4
77378 – 4

The partnership with this down payment program and first time home buyers has not only been invaluable in providing homeownership opportunities, but also appreciating assests to low-income households. The average appreciation rate of homes purchased by families using the down payment assistance program in 2019 is 38.86%. The Easter Seals Program has been a pivotal component to building generational wealth through homeownership.

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