Alabama Housing Finance Authority Step Forward Down Payment Assistance

Alabama Housing Finance Authority

Available Down Payment

About This Program

AHFA provides down payment assistance equal to 3-5% of the purchase price for first-time homebuyers in Alabama. Can be combined with AHFA's Step Up mortgage product for low-interest financing. Income and purchase price limits apply.

Down payment assistance is 3-5% of home purchase price, varies by loan type

Data last verified 2026-06-09. How we verify our data.

Key Details

  • 3-5% down payment assistance for first-time buyers
  • Can be combined with low-interest AHFA mortgage
  • Income and purchase price limits apply
  • Must complete homebuyer education course
  • Available statewide including Madison

How to Apply

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

Deadline: Ongoing program, subject to funding

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