Alabama Housing Finance Authority STEP Forward Program

Alabama Housing Finance Authority

Available Down Payment

About This Program

Alabama Housing Finance Authority STEP Forward Program is available to homeowners in Montgomery, AL.

AHFA's STEP Forward program provides down payment and closing cost assistance to first-time homebuyers in Alabama. Available as a forgivable second mortgage that is forgiven over 10 years of continuous occupancy.

Down payment assistance grant, forgiven over 10 years if homeowner remains in property

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

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

In Montgomery, AL, 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
  • Forgivable over 10 years of occupancy
  • Must be used with AHFA first mortgage
  • Income limits apply by county

How to Apply

A grant-savvy contractor in Montgomery, AL 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: Rolling, subject to funding availability

Questions about this program?

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

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Frequently asked questions

How much can Alabama Housing Finance Authority STEP Forward Program provide in Montgomery, AL?

Up to $15,000 down payment assistance.

Who qualifies for Alabama Housing Finance Authority STEP Forward Program in Montgomery?

Alabama Housing Finance Authority STEP Forward Program is open to homeowners in Montgomery, AL.

How do I apply for Alabama Housing Finance Authority STEP Forward Program in Montgomery, AL?

Apply directly with Alabama Housing Finance Authority using the official program link on this page or call (334) 244-9200. 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 Montgomery, AL

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

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