If you’ve been dreaming about buying your first home in Arizona but felt like the down payment was holding you back—this might be your moment. The state just expanded its “Arizona is Home” program, and it’s designed to make homeownership more attainable for first-time buyers.
What’s New
Governor Katie Hobbs announced an additional $5 million for the program, bringing the total funding to $18 million. This expansion means more families will be able to get the help they need to cover down payment and closing costs—two of the biggest hurdles in buying a home.
How It Works
The assistance comes as a silent second mortgage, which means:
No monthly payments. The amount is only repaid if you sell or refinance within a certain timeframe.
Here’s what buyers could receive:
Maricopa County (Phoenix area): Between 3% and 7% of the home’s purchase price. Pima County (Tucson area): Up to $9,000 toward your purchase.
You’ll need to meet a few requirements—such as earning no more than 120% of the area median income and not having owned a home in the last three years.
Why This Is a Game-Changer
It makes buying sooner possible. That dream home might be closer than you think. It helps build long-term wealth. Homeownership is one of the strongest ways to grow financial stability. It strengthens local communities. More homeowners mean more invested neighbors.
Don’t Wait Too Long
Funding is limited, and programs like this tend to go fast. If you’re curious about whether you qualify—or you’re ready to start the home search—I can walk you through the process, connect you with trusted lenders, and help you take full advantage of this opportunity.
📞 Call or text us today to find out if the “Arizona is Home” program could help you unlock your next chapter in Arizona living.
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