FHA Down Payment Grants for 2021

Affordable Income Subsidy Grant

Alabama Housing Finance Authority's Affordable Income Subsidy Grant is available to applicants that fall within the program’s income limits. 

Alabama Housing Finance Authority Step Up Program

Step Up helps low- to moderate-income applicants achieve their homeownership goals, by providing down payment assistance. The funds are made available in the form of a 10-year second mortgage and are combined with a 30-year, fixed-rate first mortgage.

Homeownership Down Payment Assistance Program

Mobile, Alabama's Homeownership Down Payment Assistance Program (HOME DPA) is a flexible gap financing program that helps to provide opportunities for first-time homebuyers to purchase homes that are safe, decent, and affordable.

Mobile County Down Payment Assistance Program

The Mobile County Down Payment Assistance Program provides income-eligible applicants assistance funds between $1,000 and $10,000 in the form of a grant. This money may be put toward the down payment and closing costs associated with the mortgage transaction.

Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

FHA Down Payment Programs Near You