Arkansas Housing Finance Authority Down Payment Assistance

Arkansas Development Finance Authority

Available Down Payment

About This Program

Arkansas Housing Finance Authority Down Payment Assistance is available to homeowners in Jonesboro, AR.

Provides down payment and closing cost assistance to first-time homebuyers in Arkansas. Available as a grant or forgivable second mortgage combined with a competitive first mortgage through participating lenders.

Down payment assistance amount varies by loan program and income

Official source site checked live on 2026-06-22.

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

In Jonesboro, 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
  • First-time homebuyers or those who haven't owned in 3 years
  • Income limits vary by county and household size
  • Must complete homebuyer education course
  • Combined with competitive first mortgage

How to Apply

A grant-savvy contractor in Jonesboro, 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: Subject to funding availability

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 Housing Finance Authority Down Payment Assistance provide in Jonesboro, AR?

Up to $15,000 down payment assistance.

Who qualifies for Arkansas Housing Finance Authority Down Payment Assistance in Jonesboro?

Arkansas Housing Finance Authority Down Payment Assistance is open to homeowners in Jonesboro, AR.

How do I apply for Arkansas Housing Finance Authority Down Payment Assistance in Jonesboro, 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 Jonesboro, AR

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

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