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City of Parma
Buyers who have not owned a home in three years and earn at or under 80% of AMI can get up to $21,900 toward a single-family home in Parma priced at $219,000 or less.
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City of Parma
Deferred loan repayable on sale, transfer of title or refinance.
Checked November 2026 · our sourcing
Check if I qualify →Status watch. Parma Down Payment Assistance has a fixed pot of money that can run dry. Sign up and we will tell you when a new round is funded.
Believe Mortgage, part of CHN Housing Partners, administers the assistance with money from the City of Parma and Cuyahoga County. You can receive up to $21,900. It is a deferred loan: you make no monthly payment, and the balance comes due when you sell the home, transfer the title or refinance. Because it is repaid at the end rather than forgiven, think about how long you plan to stay and whether you might refinance if rates fall.
The house must be in Parma, single-family and your primary residence. You must not have owned a home in the past three years. Income is capped at 80% of AMI, roughly $79,500 for a family of four. The purchase price cannot exceed $219,000. Before closing you need a HUD-approved homebuyer education certificate. Parma’s price limit is well below the Ohio Heroes cap in Cuyahoga County, so the city limit is the one that shapes your search. Single-family is the only home type named, so ask before making an offer on a condo or duplex.
The Parma page does not say whether this loan can sit alongside Ohio Heroes or OHFA down payment assistance, so a participating lender confirms whether they combine. Teachers, police, firefighters, nurses and veterans buying in Parma who meet both sets of rules should ask the lender to model each option, since Ohio Heroes’ OHFA assistance is forgiven after seven years while the Parma money is repaid when you sell or refinance. Parma sits inside the county but runs as its own program, separate from the countywide one. Our guide to repayable versus forgivable help shows what that difference costs over time.
Contact Believe Mortgage through its Parma program page, complete a HUD-approved homebuyer class, and get pre-approved with a lender that works with the program. Find a home under $219,000 in Parma and have the lender coordinate the assistance before you sign. Funding depends on yearly city and county dollars, so ask whether money is available when you start. You can also check your eligibility for statewide programs.
County pages that cover it: Cuyahoga County
No. It is a deferred loan repaid when you sell, transfer the title or refinance.
$219,000.
Believe Mortgage (CHN Housing Partners), funded by the City of Parma and Cuyahoga County.
Based on the program's official page as of November 2026. Money and rules shift, so confirm terms with the program or a participating lender. Ohio Down Payment Assistance has no affiliation with this program.
Watch your inbox and phone for the reopening notice. Until then, check what is already available.
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