Alabama Housing Finance Authority STEP Forward Program

Alabama Housing Finance Authority

Available Down Payment

About This Program

AHFA's STEP Forward program provides down payment and closing cost assistance to first-time homebuyers in Alabama. Available as a forgivable second mortgage that is forgiven over 10 years of continuous occupancy.

Down payment assistance grant, forgiven over 10 years if homeowner remains in property

Key Details

  • Up to $15,000 for down payment and closing costs
  • Available to first-time homebuyers
  • Forgivable over 10 years of occupancy
  • Must be used with AHFA first mortgage
  • Income limits apply by county

How to Apply

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

Deadline: Rolling, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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