First Time Buyer Assistance Programs (August 2026)
First time buyers progams can be very popular inArizona and Phoenix . Sometime programs and the money for them can run out quickly. Here are few examples of programs that are or were avaiable on the last month of two. Please contact me and I will refer you to a lender who can help you.
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Program
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Assistance
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Key Details
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City of Phoenix Open Doors
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Up to 10% of purchase price (max $15,000)
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For homes purchased within Phoenix city limits; purchase price cap of $447,000; income at or below 80% AMI; requires 8-hour homebuyer education course
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Arizona is Home
(HomePlus)
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3%–6% of loan amount
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Forgivable second mortgage over 7 years; income limits apply; mandatory homebuyer education
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Section 32 Homeownership
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Down payment & closing cost help
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For households at or below 80% AMI; home must be primary residence; HQS inspection required
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Arizona IDA Home Plus & Arizona Is Home — programs offering forgivable or repayable down paymentt assistance as a second mortgage (3%–6% of the loan amount), paired with a 30-year fixed-rate loan.
·HUD-approved counseling — most programs require completion of an 8-hour pre-purchase homebuyer education course and one-on-one housing counseling.
Some of these programs require specific income limits depending on family size and many require a specific credit score. I can refer you to lender who will take the time to talk to you and help you figure out how to structure your current bills to improve you odds of qualifying for the program or mortgage that will help you most.