Washington · Deferred loan

WSHFC House Key Opportunity DPA

$15,000

Up to $15,000 for lower-income buyers. Below-market rate plus DPA through tax-exempt bond funding.

WSHFC's Opportunity DPA provides down payment assistance for buyers in designated opportunity areas — neighborhoods targeted for community investment. The program uses enhanced DPA amounts to incentivize homeownership in areas where owner-occupied homes support community stability.

Washington's opportunity areas include neighborhoods in Seattle, Tacoma, Spokane, and smaller communities where homeownership rates lag the statewide average. Buyers choosing these areas receive more DPA while contributing to neighborhood revitalization.

Amount$15,000
TypeDeferred loan
Available inWashington
First-time buyer requiredYes
Minimum credit score620
Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
WSHFC Home Advantage DPA 3-5% of loan amount, deferred
Washington · Deferred loan
WSHFC Home Advantage Needs-Based $10,000
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WSHFC Veterans DPA $10,000
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All Washington programs →

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