Arkansas Dream Down Payment Initiative

Arkansas Development Finance Authority

Available Down Payment

About This Program

Forgivable loan program providing down payment and closing cost assistance to first-time homebuyers in Arkansas. Loan is forgiven after 15 years of continuous occupancy. Must be combined with ADFA first mortgage loan.

Forgivable loan amount based on home purchase price and location

Key Details

  • Up to $25,000 down payment assistance
  • Forgivable loan over 15 years
  • Must be first-time homebuyer
  • Income limits apply (typically up to 100% AMI)
  • Must use ADFA first mortgage loan

How to Apply

Get free help applying Visit Official Program Page Track this program

(501) 682-5900

A grant-savvy contractor in Fayetteville, AR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available

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