The American Dream Down Payment Initiative (ADDI) helps low-income households become first-time homeowners within the City of Cincinnati. Funds are allocated by formula to state and local governments to provide low-income households with assistance for down payment and closing costs, and for rehabilitation work related with a home purchase. Applicants may be awarded up to $5,000 in the form of a five-year forgivable loan for a down payment and/or closing costs. The City is currently accepting ADDI applications. Please contact the Department of Community and Economic Development office at 513-352-6146 for additional information.