Medford
The City of Medford offers a down payment assistance program geared toward first time homebuyers that are income eligible. The First Time Homebuyer Down Payment Assistance Program targets first time homebuyers who earn 80% of median income or less offering down payment and closing cost assistance up to $15,000.
Applicants are required to take the ABC’s of Homebuyer course offered through ACCESS. For more information please call Karen Cooper, Lead Housing Resource Specialist, Southern Oregon Housing Resource Center at ACCESS (541) 779-6691 est. 333.
To see if you are income eligible for the First Time Homebuyer Down Payment Assistance Program, please see the chart below.
FY 2012 Income Limits Summary
Medford, Oregon
FY 2012 Income Limit Area Median Income FY 2012 Income Limit Category 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Medford, OR $58,500 Very Low (50%) Income Limits $20,500 $23,400 $26,350 $29,250 $31,600 $33,950 $36,300 $38,650
Extremely Low (30%) Income Limits $12,300 $14,050 $15,800 $17,550 $19,000 $20,400 $21,800 $23,200
Low (80%) Income Limits $32,800 $37,450 $42,150 $46,800 $50,550 $54,300 $58,050 $61,800
