The City of Columbus established the American Dream Downpayment Initiative (ADDI) Program to assist low and middle-income households finance the acquisition of a first home within the City of …

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ADFA has been engaged in reviewing and updating its HOME policies and procedures, including for ADDI Prior program operation not fully addressing HUD’s latest guidance

Initiative What is ADDI? The American Dream Downpayment Initiative (ADDI) is a federally funded down-payment assistance program available through the City of Milwaukee and a Consortium of Hou.

The downpayment and closing cost assistance from the ADDI program is in the form of a 5-year, 0% loan recorded as a 2nd mortgage against the single-family home.

Program Overview 1.1. ADDI is a City program that provides downpayment and closing cost assistance to qualified homebuyers.

The ADDI program was designed to provide assistance with downpayments, closing costs, and, if necessary, rehabilitation work done in conjunction with a home purchase.