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919 McClardy Road
Clarksville, TN 37042

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Making Impossible Possible With Homeowners Assistance Programs!

Chenoa Fund Down Payment Assistance Program

Homebuyers nationwide turn to Chenoa Fund Down Payment Assistance to realize their dream of owning a home. With over 45,000 individuals and families assisted, we’re committed to helping you take that crucial step toward homeownership.


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  • Down payment assistance is available for qualifying borrowers with a minimum credit score requirement of 600.
  • CBC Mortgage Agency utilizes industry-standard practices to determine credit scores, ensuring fairness and transparency in the process.


Ongoing Support for Homebuyers

Enjoy a year and a half of post-purchase homeownership support through our borrower success team at Money Management International (MMI). Monthly support, educational materials, and tools are provided to ensure your success as a homeowner.


Continuous Funding, Always Available

Rest assured that Chenoa Fund down payment assistance is perpetually funded. CBC Mortgage Agency never runs out of funds for its down payment assistance program, providing stability and reliability to homebuyers.


Flexibility and Accessibility

Combine Chenoa Fund down payment assistance with other gift funds or assistance programs to maximize your homebuying options and opportunities.


No Income Restrictions, No Limits

Benefit from the Chenoa Fund down payment assistance program without worrying about income restrictions. While there are no income limits, borrowers must have qualifying income less than or equal to 135% of the area median income for the best rates.


Secure Your Future with Fixed Interest Rates

Choose between two down payment assistance options: repayable or forgivable. The repayable option comes with a 10-year term and an interest rate matching the first mortgage, while the forgivable option offers a 30-year term with 0% interest and no monthly payments.


Accessible to All Homebuyers

CBC Mortgage Agency welcomes all homebuyers, regardless of whether they are first-time buyers or not. Enjoy the benefits of the Chenoa Fund Down Payment Assistance Program without any first-time homebuyer restrictions.


 Empowerment Through Homeownership Counseling

Qualifying borrowers below a specific credit score may be required to undergo homeownership counseling. CBC Mortgage Agency partners with Money Management International (MMI), a HUD-approved housing counseling agency, to provide comprehensive support and guidance, free of charge.

Tennessee Homeowners Assistance Fund

Homebuyers nationwide turn to Chenoa Fund Down Payment Assistance to realize their dream of owning a home. With over 45,000 individuals and families assisted, we’re committed to helping you take that crucial step toward homeownership.


How do I apply for the TNHAF program?

You may apply for assistance through the TNHAF by clicking the application button at the top of the page. Once you click the button, a new window will open with instructions on creating an account to begin the application process.


What are the requirements to qualify for assistance through the TNHAF?

Please find below the main requirements to be considered for TNHAF assistance. Please note that this list is not exhaustive, and the final decision will be made by a TNHAF underwriter based on their guidelines.

  • 1. You must have faced a financial hardship due to the Coronavirus Pandemic that is deemed qualified. This hardship must have occurred between January 21, 2020, and May 11, 2023 (the official end of the COVID-19 Public Health Emergency), and must have happened after the purchase or refinance of your home. You will need to confirm this hardship while submitting your application.
  • 2. Your primary residence must be the property that you currently own and occupy.
  • 3. Your annual household income should not exceed $144,300, which is 150% of the National Median Income.
  • 4. You must have a COVID-19 partial claim through FHA, VA, or USDA.

Please note that other guidelines may apply, and the final decision will be made by a TNHAF underwriter.


What is the maximum amount of financial assistance I may receive through the TNHAF program?

The TNHAF program is designed to help eligible homeowners with their FHA, VA, or USDA Partial Claim reimbursements, subject to program guidelines. The program can assist up to $40,000 per household. Please note that any previous assistance received through the TNHAF program will be deducted from the maximum amount of $40,000.


What kind of assistance is available?

If you have brought your delinquency current due to Covid-related financial difficulties by using a partial claim, you may be eligible to have the partial claim paid off or reduced. However, it is important to note that this option is available ONLY for government-backed loans, such as FHA.


What is a Partial Claim?

The COVID-19 Recovery Standalone Partial Claim is a helpful program for borrowers who can now continue to make their regular mortgage payments. It allows arrears in mortgage payments to be placed in a subordinate lien with zero interest against the property. This Partial Claim amount does not require payment until the last mortgage payment is made, the property is sold, or the loan is refinanced, whichever comes first. You can find more information about this program on HUD.gov.


Do I receive the money from this program to pay my partial claim?

TNHAF payments are delivered directly to approved entities. HAF Funds are not paid directly to homeowners.


Will I have to pay this money back?

No. Financial assistance obtained through the TNHAF does not require repayment.


What is the counseling that is required? And when do homeowners need to take this?

In order to receive HAF funds, the homeowner must first complete a counseling session with a designated HUD-certified housing counselor. This session aims to support the homeowner in regards to their Partial Claim and also provides an opportunity to understand the benefits of the HAF Partial Claim Reimbursement program as well as any follow-up requirements that may be necessary.


Kentucky Housing Corporation (KHC)

KHC invests in affordable housing solutions by offering programs and services designed to develop, preserve, and sustain affordable housing throughout the state.

Created by the 1972 General Assembly, KHC is a self-supporting, public corporation of the Commonwealth of Kentucky, and is governed by a 15-member Board of Directors. KHC is a quasi-government agency, which is administratively attached to the Kentucky Finance and Administration Cabinet, and a portion of KHC’s funds are derived from the interest earned through the sale of tax-exempt mortgage revenue bonds. From these proceeds, KHC has made homeownership possible for more than 76​,000 Kentucky families.

KHC also receives fee income for administering federal programs, including rental assistance that makes quality housing available to more than 27,500 low-income Kentuckians. Other programs offered by KHC include rental housing financing, including administering Low-Income Housing Tax Credits, homeownership education/counseling, housing rehabilitation, homeless programs, home energy and repair initiatives, as well as loan servicing.

KHC works with many partners across the state to invest in and create affordable housing opportunities.

To learn more about KHC, please view our Corporate History.

If you plan to visit KHC, please visit our Guest Experience for more information about our campus.



We invest in quality housing solutions for families and communities across Kentucky.


We envision all Kentucky families and individuals living in quality housing they can afford.

Disclaimer: The content on this page is based on regulations and information available at the time of posting, but may change without our knowledge. This content is intended for informational purposes only and does not constitute any legal or binding agreement.