Up to 10% of sale price (max $10,000). Forgivable soft second mortgage over 5 years for low-income buyers.
ADFA's ADDI program offers $10,000 as a forgivable grant — money that never needs to be repaid if you meet the occupancy requirements. In Arkansas's affordable housing market, $10,000 can cover the entire down payment on an FHA loan for homes up to $285,000.
The program targets first-time buyers and is funded through federal HOME Investment Partnerships money allocated to the state. Funds can be limited, so buyers should connect with an ADFA-approved lender early in their home search.
10% forgivable in 5 years. With AR median prices under $200K, this covers most down payments.
We'll show you how to combine ADFA Arkansas Dream (ADDI) with other programs to maximize your free money — personalized to your ZIP code and income.