metroDPA Social Equity Program

What is the metroDPA Social Equity Program?

The metroDPA Social Equity Program offers potential homeowners $15,000 or $25,000 based on their income level and approval by the Department of Housing Stability.* The program that aims to increase homeownership in communities of color, and targets people who lived in or are descendants of families that lived in Denver’s redlined neighborhoods from 1938-2000.

metroDPA Social Equity Program Eligibility:

• Household income limits of $176,700/year
• Minimum credit score of 640
• Up to 5% in down payment assistance with no interest*
• Forgivable loan - don't have to pay back in the homeowner stays in the home for more than 3 years

Applicants must do the following to use the metroDPA Social Equity program:

• Find the location on the redlined mapping tool to identify it as an eligible property
• Complete a form and provide the necessary documentation to prove eligibility
• If eligible, an approval number will be emailed to you
• Meet credit and income qualifications to qualify for a metroDPA home loan
• Income level determines the amount of assistance

*First lien interest rates may be higher when using a DPA second.