ADFA Down Payment Assistance

Arkansas Development Finance Authority (ADFA)

Available Down Payment

About This Program

ADFA Down Payment Assistance is available in Fort Smith, AR.

Provides up to $15,000 in down payment and closing cost assistance for eligible first-time homebuyers in Fort Smith. Structured as a soft second mortgage that may be forgivable. Must be combined with ADFA first mortgage loan.

Assistance up to $15,000 as soft second mortgage, potentially forgivable

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

Data last verified 2026-06-09. How we verify our data.

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

Key Details

  • Up to $15,000 for down payment and closing costs
  • Available to first-time homebuyers
  • Must use ADFA first mortgage loan
  • Income limits apply (moderate income)
  • Soft second mortgage structure

How to Apply

A grant-savvy contractor in Fort Smith, 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 ADFA Down Payment Assistance provide in Fort Smith, AR?

Up to $15,000 for down payment/closing.

How do I apply for ADFA Down Payment Assistance in Fort Smith, AR?

Apply directly with Arkansas Development Finance Authority (ADFA) 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 Fort Smith, AR

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

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