Arkansas Down Payment Assistance Program

Arkansas Development Finance Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for Arkansas homebuyers, including North Little Rock. Forgivable loan that requires no monthly payment and is forgiven after 15 years.

Forgivable loan for down payment/closing costs, no repayment after 15 years

Key Details

  • Up to $15,000 or 3.5% of purchase price
  • Forgivable after 15 years of homeownership
  • Must use ADFA first mortgage
  • Income and purchase price limits apply
  • No monthly payment required

How to Apply

Get free help applying Visit Official Program Page Track this program

(501) 682-5900

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

Deadline: Ongoing with ADFA mortgage

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