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Alabama's Community Development Department of the City of Huntsville offers first-time homebuyers two programs to help make their dreams of homeownership a reality, the Single Family HOME Ownership Program and the Down Payment Assistance Program

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FHA.com is a privately owned website, is not a government agency, and does not make loans.

City of Huntsville Homeownership Programs

The Community Development Department of the City of Huntsville, Alabama offers different programs to assist first-time homebuyers to achieve their dreams of homeownership. In an effort to build more inclusive and stable neighborhoods, the City offers the Single Family HOME Ownership Program and the Down Payment Assistance Program

Available Assistance
The Single Family HOME Ownership Program provides eligible applicants with newly built 3 Bedroom/2 Bathhouses in the Terry Heights and Edmonton Heights Neighborhoods. All applicants must be first-time homebuyers and meet certain income qualifications (shown below)

The Down Payment Assistance Program provides qualifying first-time homebuyers up to $7,500 to help them offset the large, upfront costs that go with the mortgage process: down payments and closing costs. The funds are disbursed based on individual needs and all applicants must meet certain eligibility requirements and commit to living primarily in the property for a minimum of five years.

Income Limits
All applicants must fall within 80% of the Area Median Income

1-person household: $47,550    
2-person household: $54,350
3-person household: $61,150
4-person household: $67,900
5-person household: $73,350
6-person household: $78,800
7-person household: $84,200
8-person household: $89,650

Note: All information mentioned above was accurate at the time of publication and may no longer be current - visit the program website for updated information.
 

First-Time Home Buyer Programs in Alabama

The MHA Home Ownership Program program provides first-time homebuyers safe and affordable opportunities to purchase their first home.

Alabama's Neighborhood Housing Services offers first-time homebuyers educational courses to help answer the questions that come with buying a home. The classes are offered online and at the office in Birmingham, for low- to moderate-income borrowers.

In an effort to assist first-time homebuyers to take on the challenge of homeownership successfully, the City introduced the First Time Home Buyer Loan Program.

Alabama's Community Development Department of the City of Huntsville offers first-time homebuyers two programs to help make their dreams of homeownership a reality, the Single Family HOME Ownership Program and the Down Payment Assistance Program

First-time homebuyers are offered assistance in buying a new home with the THA Homeownership Program.

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First-time homebuyer 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.

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