Forgivable second mortgagePotentially available — confirm funding and eligibilityFunding unverified
City of Savannah Employee Home Purchase Assistance
City of Savannah Housing Services Department
Up to $15,000 as a 0% forgivable loan for City of Savannah employees below department-head level buying in Savannah; 1/5 forgiven each year for 5 years (reported as income on the W-2).
Assistance
Advertises up to $15,000
- Up to $15,000
0% interest forgivable loan; not repaid if the buyer keeps working for the employer and owner-occupies the home for five years from the loan date.
Assistance is subject to program, lender, funding, and transaction requirements.
Freshness
Last verified: September 29, 2026
Effective date: Not published
Funding: Funding status could not be independently verified.
Published requirements
Requirements not listed here are not on file and must be confirmed.
- Employees of City of Savannah only: City of Savannah employees below department-head level.
See exact policy language
“Provides down payment and closing cost assistance to help qualified City of Savannah employees under the level of department head purchase their first home.”
City of Savannah Employee Home Purchase Assistance — City of Savannah · GeneralOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Minimum credit score 640
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“640+ MINIMUM CREDIT SCORE”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Minimum borrower contribution $1,000
See exact policy language
“$1,000 MINIMUM INVESTMENT”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Maximum DTI 45%Housing payment (PITI) between 25% and 35% of income.
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“MAXIMUM RATIOS: 35% PITI & 45% DTI / MINIMUM PITI 25%”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Lender · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Homebuyer education: HUD-approved homebuyer class.
See exact policy language
“COMPLETE HUD APPROVED HOMEBUYER CLASS”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Location: Savannah
- Income limits: Unknown — verify with the applicable lender or program administrator.
- Purchase-price limits: Unknown — verify with the applicable lender or program administrator.
- Property types: No fixer-uppers, mobile homes or condos.
Every rule, in the program’s own words
Each rule HomeStack applies to this program, with the exact passage from the official document and a link that opens the document at that passage. HomeStack re-checks every quote against the live document.
- Assistance — Up to $15,000
See exact policy language
“Up to $15,000, 0% interest, forgivable loan that is not repaid if the buyer continues to work for the city and continues to be the owner-occupant of the house for five years from the date of the loan.”
City of Savannah Employee Home Purchase Assistance — City of Savannah · Maximum Assistance - LoanOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Repayment terms
See exact policy language
“Up to $15,000, 0% interest, forgivable loan that is not repaid if the buyer continues to work for the city and continues to be the owner-occupant of the house for five years from the date of the loan.”
City of Savannah Employee Home Purchase Assistance — City of Savannah · Maximum Assistance - LoanOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Eligible employers
See exact policy language
“Provides down payment and closing cost assistance to help qualified City of Savannah employees under the level of department head purchase their first home.”
City of Savannah Employee Home Purchase Assistance — City of Savannah · GeneralOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Minimum credit score
See exact policy language
“640+ MINIMUM CREDIT SCORE”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Minimum borrower contribution
See exact policy language
“$1,000 MINIMUM INVESTMENT”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Maximum debt-to-income ratio
See exact policy language
“MAXIMUM RATIOS: 35% PITI & 45% DTI / MINIMUM PITI 25%”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Lender · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Homebuyer education
See exact policy language
“COMPLETE HUD APPROVED HOMEBUYER CLASS”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Employee · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Eligible location
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“The property must be located in the Savannah city limits.”
City of Savannah Employee Home Purchase Assistance — City of Savannah · GeneralOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Property rules
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“NO FIXER UPPERS / MOBILE HOMES / CONDOS”
City of Savannah Employer Assisted Home Purchase Program fact sheet — CHSA / City of Savannah Housing Services · Property · page 1Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026 - Contact — Savannah Housing Services
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“Call (912) 651-6926 or email employeedownpayment@savannahga.gov”
City of Savannah Employee Home Purchase Assistance — City of Savannah · ContactOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text.
Official contacts
Savannah Housing Services: (912) 651-6926
Participating lenders: confirm with the administrator. Housing counselors: HUD counselor search.
Official source
City of Savannah Employee Home Purchase Assistance · City of Savannah · Last verified: September 29, 2026
Quote found word-for-word · checked September 29, 2026
HomeStack provides research and estimates based on available program criteria. It does not provide mortgage approval, underwriting, financial advice, or a guarantee of eligibility, funding, or loan terms. Final eligibility must be confirmed by the applicable lender or program administrator.