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Arkansas Housing Programs
Arkansas offers a number of housing assistance programs which are open to veterans. Most of these housing programs are managed by the Arkansas Development Finance Authority (ADFA).
HomeToOwn Program
The HomeToOwn Program makes buying a first home easier for low-income and moderate-income families in Arkansas. To apply or to obtain additional information, contact a participating lender.
Downpayment Assistance Program (DPA)
ADFA has a Downpayment Assistance Program (DPA) for qualifying applicants of a first mortgage. The DPA ranges from $1,000 to $6,000 that can be used for downpayment, closing costs and prepaid items.
American Dream Downpayment Initiative Program (ADDI)
American Dream Downpayment Initiative Program (ADDI) will help first-time homebuyers by providing assistance for downpayment and closing costs. New homebuyers may apply for the HomeToOwn first mortgage loan and ADDI forgivable loan at any ADFA approved participating lender.
For details on ADFA's single family housing programs, contact:
Arkansas Development Finance Authority (ADFA)
423 Main Street
Little Rock, AR 72201
Phone: 501-682-5974
http://www.arkansas.gov/adfa/New_Folder/authority_publications.htm
