The HOME+Plus DPA Program
Home Plus Down Payment Assistance for Arizona HomeBuyers… Available in Every County, City, and Zip Code!
The social and economic benefits of homeownership are many. Homeownership creates an asset that can provide increased wealth through equity, increase future borrowing power, and help to achieve self-reliance. And while new Arizona homebuyers are facing many headwinds in today’s market, their greatest challenge is saving enough for a down payment.
The Arizona IDA’s HOME+Plus Home Buyer Down Payment Assistance Program seeks to eliminate the down payment hurdle. Offering a pathway to homeownership and giving creditworthy renters who can qualify for a mortgage but cannot afford the down payment and or closing costs, the funds to move forward.
The HOME+Plus Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with up to 4% down payment assistance (DPA) depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two.
What is HOME+PLUS
Down Payment Assistance for Arizona HomeBuyers… Available in Every County, City, and Zip Code!
The social and economic benefits of homeownership are many. Homeownership creates an asset that can increase wealth through equity, increase future borrowing power, and help achieve self-reliance. And while new Arizona homebuyers are facing many headwinds in today’s market, their greatest challenge is saving enough for a down payment.
The Arizona IDA’s HOME+Plus Home Buyer Down Payment Assistance Program seeks to eliminate the down payment hurdle. Offering a pathway to homeownership and giving creditworthy renters who can qualify for a mortgage but cannot afford the down payment and or closing costs, the funds to move forward.
The HOME+Plus Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with up to 4% down payment assistance (DPA) depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two.
HOME+Plus Program Highlights
Available statewide, all Counties, all Cities, within Arizona.
Borrower(s) annual income not to exceed $146,503.00
One borrower must complete a
home buyer education course before closing.
Reduced mortgage insurance premiums
on conventional (Fannie/Freddie) mortgages.
Arizona Is Home Program Highlights
Available in all of Arizona’s Rural Counties.
Receive a below-market 30-year fixed-rate mortgage combined with 4% of down payment assistance.
Borrower must complete a
home buyer education course before closing.
Eligible homebuyers must have annual incomes at or below 100% of the AMI-Area Median Income.
The second mortgage is fully forgiven after the 60th month.
News & Articles
Program Information
What to do now? Click below to learn more about HOME+Plus credit score requirements, program guidelines, and first mortgage types offered.
Home Buyer Resources
To help you better prepare for buying your new home, HOME+Plus has put together a list of resources and information from local, state, and national organizations.
Frequently Asked Questions
We have put together a list of questions and answers to help you better understand the HOME+Plus home buyer down payment assistance program.
Home Plus
Program Highlights
Available statewide, all Counties,
all Cities, within Arizona.
Borrower(s) annual income not
to exceed $136,609.00
One borrower must complete
a homebuyer education
course before closing.
Reduced mortgage insurance
premiums on conventional
(Fannie/Freddie) mortgages.
English 
Español de México 
Français du Canada 
简体中文 
日本語 