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First Time Home-Buyers Program

Tennessee

Available Assistance

The program is only available for first-time homebuyers; those who have not owned a primary residence in the last three years. There are exceptions made for displaced homemakers (adults who owned homes with their spouse or resided in a home owned by a spouse) or single parents (individuals who are unmarried and have one or more minor children for whom the individual has custody or joint custody).

Eligibility Requirements

There are a number of requirements that eligible applicants must meet to avail the First Time Home-Buyers Program. The program is designed to assist families that fall within and 50 percent to 80 percent area median income for Clarksville. 1 person household: $19,000-$30,3502 person household :$21,700-$34,7003 person household: $24,400-$39,0504 person household: $27,100-$43,3505 person household: $29,300-$46,8506 person household: $31,450-$50,3007 person household: $33,650-$53,800

Property Guidelines

Properties eligible under the First Time Home-Buyers Program are single family homes, townhouses and or condominiums located anywhere within the City of Clarksville with a maximum purchase price of $271,050. Home inspections are also required, and all properties must meet the City of Clarksville Housing Maintenance Code. In the case of homes built before 1978, an assessment for lead-based paint is also mandatory.

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