Down Payment Assistance in Arizona

The City of Tempe, Arizona has down payment assistance programs.

AMOUNT OF ASSISTANCE AND TARGETED AREAS

CAMP FUNDS

Up to thirty five thousand dollars ($35,000) is available to households purchasing a home in a city-designated Neighborhood Enhancement Area.

Neighborhood Enhancement Areas are defined in General Plan 2020 (currently all neighborhoods north of Alameda Drive in Tempe )

Households purchasing homes outside of a Neighborhood Enhancement Area are eligible for up to thirty thousand dollars ($30,000).

ADDI FUNDS

Up to an ADDITIONAL ten thousand dollars ($10,000) or six percent of the purchase amount is available to households earning less than 60% AMI and purchase a home in the city-designated Neighborhood Enhancement Area.

Neighborhood Enhancement Areas are defined in General Plan 2020 (currently all neighborhoods north of Alameda Drive in Tempe ) .

Income eligible households purchasing a home outside of the Enhancement Area are eligible for up to eighty five hundred dollars ($8,500), or six percent of purchase amount.

Go to the website to learn more!

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Tags: Arizona, down payment, housing

This entry was posted on Saturday, December 5th, 2009 at 12:39 pm and is filed under Home Grants. If you are looking for similar grants in this state, click the category name here. That will give you a list of grant announcements in that category in the state.