Arkansas Development Finance Authority
Arkansas Dream Down Payment Initiative is available in Siloam Springs, AR.
Forgivable second mortgage up to $15,000 for eligible first-time homebuyers to assist with down payment and closing costs. Forgiven after 5 years of continuous owner occupancy. Income and purchase price limits apply.
Forgivable loan for down payment/closing costs, forgiven after 5 years of occupancy
Official program page checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Siloam Springs, AR, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Siloam Springs, AR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
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, subject to funding availability
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $15,000 down payment assistance.
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.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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