First-time homebuyer grants are financial assistance programs designed to help individuals purchase their first home. These grants can provide funds for down payments, closing costs, or other related expenses, making homeownership more accessible. Eligibility often depends on income levels, location, and specific program requirements. Many states and local governments offer these grants, sometimes in partnership with organizations like the U.S. Department of Housing and Urban Development (HUD). First-time homebuyers should research available options in their area, as the terms and amounts of grants can vary widely, providing valuable support in the home-buying process.