The Springfield Home Ownership Program (SHOP) was created to encourage home ownership in Springfield by assisting Low-Income residents with the first-time purchase of a home.
The City can loan up to $25,000 toward the down payment and related costs of buying a qualified home within the Springfield City Limits. The loan is interest-free and repayment is generally not required until the home is sold, refinanced, or transferred. The buyer must contribute at least 50 percent of the minimum down payment required by the primary lender.Â
There is currently no funding for available for this program.
