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grant
ADFA Down Payment Assistance
AR Housing Authority
Max Funding
$15,000
Available In
AR
Program Overview
Arkansas Development Finance Authority provides down payment and closing cost assistance to first-time homebuyers through forgivable second mortgages.
Eligibility Requirements
First-time homebuyer (or not owned in 3 years) Primary residence in Arkansas Income limits apply (typically 80% AMI) Complete homebuyer education course Purchase price limits vary by county
Additional Requirements
First-time homebuyer (or not owned in 3 years) Primary residence in Arkansas Income limits apply (typically 80% AMI) Complete homebuyer education course Purchase price limits vary by county
How to Apply
Work with an ADFA-approved lender who will process both your primary mortgage and DPA application. Complete required homebuyer education through approved provider.