ADFA Down Payment Assistance

Arkansas Development Finance Authority (ADFA)

Available Down Payment

About This Program

Provides up to $15,000 in down payment and closing cost assistance for eligible first-time homebuyers in Fort Smith. Structured as a soft second mortgage that may be forgivable. Must be combined with ADFA first mortgage loan.

Assistance up to $15,000 as soft second mortgage, potentially forgivable

Key Details

  • Up to $15,000 for down payment and closing costs
  • Available to first-time homebuyers
  • Must use ADFA first mortgage loan
  • Income limits apply (moderate income)
  • Soft second mortgage structure

How to Apply

Get free help applying Visit Official Program Page Track this program

(501) 682-5900

A grant-savvy contractor in Fort Smith, 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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