Down payment assistance in Arizona
Arizona's primary statewide down payment assistance program, run by Arizona Industrial Development Authority. Numbers and eligibility reflect the program's published 2025 guidelines.
HOME+PLUS
Forgivable second- Maximum assistance
- Up to 5% of loan amount, forgiven over 3 years
- Income limit
- Up to $122,100 (2025)
- Home price limit
- Up to $510,000
- First-time buyer
- Not required
- Eligible loan types
- FHA, VA, USDA, Conventional
- •Forgivable second lien - no payment, no interest. Forgiven 100% after 3 years if you stay in the home.
- •Available statewide; income and home-price limits vary by county.
How Arizona DPA fits into your purchase
Down payment assistance reduces the cash you need at the closing table. Arizona's HOME+PLUS pairs with the standard FHA, VA, USDA, or conventional first mortgage from a participating lender; the DPA flows through the same closing.
Two things to budget for: most state DPA requires a homebuyer-education course (typically online, 6-8 hours, ~$75) and you usually have to use a lender on the agency's approved list. The agency keeps the list public on its website.
Common questions
Arizona's primary statewide DPA is HOME+PLUS from Arizona Industrial Development Authority. Up to 5% of loan amount, forgiven over 3 years. Many Arizona cities and counties also run additional DPA layered on top.
No. The HOME+PLUS is open to both first-time and repeat buyers, subject to income and home-price limits.
Yes. HOME+PLUS works with these loan types: FHA, VA, USDA, Conventional. The DPA is layered behind your first mortgage as a separate lien (or grant), and both close together.
Usually no. Deferred and forgivable loans typically have no monthly payment, so most lenders do not include them in your DTI calculation.
If you sell or refinance before the forgiveness period ends, you typically have to repay the unforgiven portion.