Clarksville & Montgomery County Down Payment Assistance (THDA)
Clarksville is a military town next to Fort Campbell, and THDA has a program built for service members. Here is how Great Choice, Great Choice Plus, and Homeownership for Heroes work across Montgomery County.
How THDA works in Montgomery County
Clarksville is one of the fastest-growing cities in Tennessee, driven in large part by Fort Campbell just across the Kentucky line. Montgomery County buyers get a $102,574 income limit for a couple and $117,961 for a larger household. THDA pairs a Great Choice first mortgage (FHA, VA, or USDA) with Great Choice Plus assistance to cover the down payment and closing costs. For the many service members and veterans here, the VA-loan and Heroes angles make Clarksville one of the strongest THDA markets in the state.
Homeownership for Heroes in a military town
THDA’s Homeownership for Heroes program fits Clarksville perfectly. It adds a 50 basis-point reduction to the Great Choice rate for active-duty military, veterans, and Guard and Reserve members, along with law enforcement, EMTs, paramedics, firefighters, and K-12 teachers. Pair that with a zero-down VA loan and the Great Choice Plus second covering closing costs, and a Fort Campbell family can buy in Clarksville with very little cash. See the full breakdown on our Homeownership for Heroes page.
The Veteran Exemption on the first-time rule
One rule matters a lot here. THDA normally requires that you have not owned a primary home in the last 36 months. Qualifying veterans are exempt from that rule statewide, so a veteran who owned a home during a previous assignment can still use Great Choice and the DPA second in Clarksville. Between the Veteran Exemption, the VA loan, and Homeownership for Heroes, service members have more room here than almost any other buyer.
County income limits effective 08.01.2026, verified against the THDA county limit table; statewide maximum purchase price is $500,000. Limits change; confirm on the THDA down payment assistance page or our eligibility page before relying on a figure.
Common questions
What is the income limit for THDA in Clarksville / Montgomery County?
Montgomery County's THDA income limit is $102,574 for a 1-2 person household and $117,961 for 3 or more, effective 08.01.2026.
Is there a THDA program for Fort Campbell service members?
Yes. Homeownership for Heroes adds a 50 basis-point rate reduction to the Great Choice first mortgage for active-duty military, veterans, and Guard/Reserve, plus first responders and K-12 teachers. It pairs with a VA loan and the Great Choice Plus down payment assistance.
Can a veteran who owned a home before use THDA in Clarksville?
Yes. Qualifying veterans are exempt from THDA's 36-month first-time-buyer rule statewide through the Veteran Exemption, so a veteran who owned a home during a prior assignment can still use Great Choice and the DPA second.
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