Arizona residents have access to multiple down payment assistance programs. Many of these programs have no first time home buyer restrictions and no repayment requirements. The funds can also be used towards closing costs!
Home Plus - Up to 5% with no repayment required and no first time homebuyer restrictions. Not available in Pima county.
Home in 5 - Up to 3.5% with no repayment required and no first time homebuyer restrictions. Maricopa County only.
Pathway to Purchase - THIS PROGRAM IS OUT OF FUNDS - Up to $20,000 (or 10%), 0% interest second mortgage forgivable after 5 years.
Pima Tucson Homebuyer's Solution - Up to 5% with no repayment required and no first time homebuyer restrictions. Only available in Pima county.
Individual Development Account - 3-to-1 downpayment match up to $15,000. No repayment required and forgivable after 5 years of living in the home. Must be first time homebuyer. Only available in Maricopa county.
Community Land Trust - Buy a completely renovated home for significantly lower price because the land remains in the Land Trust. You agree to sell your home for an affordable price allowing other individuals or families get the same opportunity. You can choose a home for the program to rehabilitate or click here to see existing properties available for the program. Only available in Tempe and certain areas of Chandler.