GET YOUR MONEY
City of jonesboro grants department
Homeownership Assistance
Intention of Program
Owning a home is part of the American Dream. The Grants and Community Development team can assist those trying to achieve homeowner status with the application of CDBG funding. One of our primary goals is to help expand home ownership opportunities to our low and moderate income citizens.
Qualifications
- Must be a first time home buyer
- Home must be purchased within the city limits of Jonesboro
- Home cannot be located within flood zone
- Property must meet HUD Minimum Housing Quality Standards
- Household must meet Federal Income Guidelines
- Grant assistance for closing cost/down payment "out of pocket expense" of the buyer paid directly to the title company
- Applicant must complete Homebuyer Education Course with HUD approved counseling service online or at the nearest agency (the nearest service currently available in Blytheville)
- https://www.jonesboro.org/DocumentCenter/View/2200
Get Money from ADFA to Help Purchase a House
Arkansas Department Finance Authority has Money to Help You Purchase a Home
ADFA Homeownership Programs make purchasing a home more affordable for low-to-moderate income families and individuals. For eligible borrowers, these programs can greatly reduce the out-of-pocket expense of homebuying.
INTEREST rates at an all time low!!!
Now is one of the best times in history to purchase a new home. Due to the impact of COVID-19 mortgage interest rates are at an all time low... meaning YOU CAN BUY MORE HOUSE!!!