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Programs by loan type

Down payment assistance you can pair with a USDA loan in Alaska

11 programs name USDA loans: 2 county or regional, 9 statewide.

Two approvals, made separately. The lender underwrites the USDA loan; the program reviews its own application, and the lender must also accept the assistance. The loan type is one rule among several.

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The 11 programs, closest first

From a single county out to the whole state

Listed A–Z within each group, not ranked.

In a Alaska city 0 programs

No Alaska city program names USDA. 2 cities run a program of their own. Browse Alaska cities →

In a county or region 2 programs

For homes anywhere in the county or the counties named

Fairbanks North Star Borough; Southeast Fairbanks Census Area; Matanuska-Susitna Borough; Kenai Peninsula Borough; Copper River Basin (Glennallen, Valdez, Cordova); City and Borough of Juneau; Haines Borough; Ketchikan Gateway Borough; Petersburg Borough; Wrangell Borough; Sitka Borough; Kodiak Island Borough; and other Alaska areas outside the Municipality of Anchorage

Home Opportunity Program (HOP)

Forgivable loan · 80% of area median income

Anywhere in Alaska 9 programs

Can sit alongside a city or county program where both allow it

Nationwide 25 programs · not in the 11

Nationwide: 25 more, not in the 11

What to know

What the 11 records say

From each program’s own record. The agency decides who can use it.

  1. 6 of 11

    ask for a homebuyer education class.

  2. 4 of 11

    are limited to first-time homebuyers, as each program defines it.

  3. 4 · 4 · 2

    are assistance grants, first mortgages and forgivable loans. The other 1 is 1 other assistance.

Free help in Alaska

2 HUD-approved counseling agencies in Alaska

6 of 11 of these programs ask for a homebuyer class. A HUD-approved counselor teaches it and can explain how the assistance and a USDA loan fit together.

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Questions, answered

Can down payment assistance be used with a USDA loan in Alaska?

11 programs in Alaska name USDA loans among the loan types they can be paired with. The assistance program and the first-mortgage lender underwrite separately, so a lender must also be willing to accept the assistance as a source of funds.

Does naming USDA loans mean a program is open to everyone using one?

No. The loan type is one eligibility rule among several — income limits, purchase price caps, credit requirements and occupancy rules all still apply, and each program sets its own.

Is Hey Prescott a lender?

No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.

Programs and counts: Hey Prescott program records, each verified with its administering agency (July–August 2026). Counselors: HUD housing counseling agency list. Hey Prescott is not a lender.