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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