Arkansas Dream Down Payment Initiative

Arkansas Development Finance Authority

Available Down Payment

About This Program

Arkansas Dream Down Payment Initiative is available in Fayetteville, AR.

Forgivable loan program providing down payment and closing cost assistance to first-time homebuyers in Arkansas. Loan is forgiven after 15 years of continuous occupancy. Must be combined with ADFA first mortgage loan.

Forgivable loan amount based on home purchase price and location

Official program page checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In Fayetteville, AR, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $25,000 down payment assistance
  • Forgivable loan over 15 years
  • Must be first-time homebuyer
  • Income limits apply (typically up to 100% AMI)
  • Must use ADFA first mortgage loan

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing while funds available

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Arkansas Dream Down Payment Initiative provide in Fayetteville, AR?

Up to $25,000 down payment assistance.

How do I apply for Arkansas Dream Down Payment Initiative in Fayetteville, AR?

Apply directly with Arkansas Development Finance Authority using the official program link on this page or call (501) 682-5900. There is no middleman and no fee.

Need a Contractor for This Grant?

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

Find More Programs in Fayetteville, AR

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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