Arizona offers several programs that can significantly reduce what you bring to closing. These programs pair a fixed-rate mortgage with down payment and closing cost assistance — sometimes up to 6% of the loan amount.
Administered by the Arizona Industrial Development Authority (AzIDA)
Arizona's flagship statewide homebuyer program. Combines a 30-year fixed-rate mortgage with down payment assistance you can use toward your down payment, closing costs, or both. Available to buyers in every Arizona county, city, and zip code.
Provided as a 3-year, zero-interest, deferred second mortgage — forgiven monthly at 1/36th over the 3-year term. Exact % depends on your loan type (Conventional, FHA, VA, or USDA).
Pairs with Fannie Mae, Freddie Mac, FHA, VA, and USDA Rural Development loans. May include discounted mortgage insurance on conventional loans.
A partnership between the Phoenix IDA and Maricopa County IDA
Designed specifically for buyers purchasing in Maricopa County. Offers some of the highest assistance amounts available — up to 6% — plus an extra 1% for qualifying professions like teachers, first responders, and veterans.
Offered as a 3-year, 7-year, or 10-year second mortgage (forgivable or amortizing depending on term). The 7-year forgivable option requires first-time buyer status and income under 120% AMI ($131,520).
Collaboration between ADOH & the Arizona Industrial Development Authority (AzIDA)
A Governor Hobbs initiative that assisted 524+ homebuyers statewide. Provides a below-market 30-year fixed-rate mortgage paired with 4% down payment assistance for first-time buyers in Arizona's rural counties. Currently paused — a 2026 relaunch determination is expected by March 30, 2026.
A 5-year, zero-interest, no-payment deferred second mortgage. Fully forgiven after 60 months. Due in full if the home is sold or refinanced before month 60.
Not available in Maricopa or Pima counties — use HOME+Plus or Home in Five instead.
| Pinal County | $109,600 |
| Yavapai County | $87,300 |
| Coconino County | varies |
| Mohave County | varies |
| Yuma County | $76,200 |
| Santa Cruz County | $66,100 |
| Navajo County | $67,200 |
Limits are at 100% AMI (temporary increase effective Oct. 2024). Confirm current limits with your lender.
Desert Financial, Arizona Federal, OneAZ, and participating lenders
Many Arizona credit unions and community banks offer their own down payment assistance programs, including matched-savings accounts and lender-specific grants. These often stack with state programs for maximum benefit.
The Federal Home Loan Bank's WISH (Workforce Initiative Subsidy for Homeownership) program matches your savings 4-to-1. Save $5,000 → receive up to $20,000 in grant funds toward down payment and closing costs.
These programs can be combined. A buyer using WISH + HOME+Plus + seller concessions could reduce their out-of-pocket costs to near zero. Ask your lender which programs can be layered together for your specific purchase price and income.
When you meet with a lender, For The People will encourage you to explore every available option. These programs are designed to be stacked and layered — the goal is to get you into a home with as little out-of-pocket cost as possible.
When meeting with your lender, ask about:
| Program | Coverage | Max Assist | Min Score |
|---|---|---|---|
| HOME+Plus | All AZ | 5% | 640 |
| Home in Five | Maricopa | 6% | 640 |
| AZ Is Home paused | 13 rural counties | 4% | varies |
| WISH / Bank | Statewide | 4:1 match | varies |
Your For The People agent will connect you with a lender who knows these programs and can run the numbers on what you actually qualify for — before you start your home search.
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