A buyer qualifies for the Down Payment Assistance Program by qualifying for any owner-occupied home loan from a lender who accepts grant funds from a nonprofit organization, and by purchasing a participating home from a seller who agrees to make a contribution to the program after the home closes. Buyers may achieve potential tax benefits, appreciation of the property value, build equity, buy a home at lower cost now than at sometime in the future, receive free grants for up-front home buying expenses, and just enjoy that good feeling of home ownership. The availability of a down payment assistance grant can increase their pool of potential buyers, and their bottom-line net is comparable to a traditional loan.