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Down payment assistance

Buying a home in Bono, AR

9 statewide.

Find my programs

What’s local to Bono

No program run for Bono or for Craighead County alone is listed. A home in Bono can use the Arkansas statewide and federal programs below.

The closest city that runs its own program is Jonesboro, about 7 miles away. City programs usually require the home to be inside that city’s limits.

Neighboring cities

2 programs for homes in nearby cities

2 more programs are for homes in Jonesboro. See them
  • Jonesboro — City of Jonesboro Homeownership Assistance Program
  • Jonesboro — Habitat for Humanity of Northeast Arkansas Homeownership Program

The Bono market

Kinds of homes here

  • 69% single-family
  • 0.3% townhouse
  • 25.1% 2–4 units
  • 1.5% 5+ units
  • 4.1% mobile & other

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

26.5%

of Bono homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$75,600
County area median income, 4 people (HUD)
$56,098
Bono median household income

See the published limits for Craighead County

Free help nearby

Free help from a HUD-approved housing counselor

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Across Arkansas and nationwide

71 statewide & federal programs

Bono questions

Does Bono have its own down payment program?

No program run for Bono alone is listed. A home in Bono can use the 9 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Bono?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Craighead County?

Each program sets its own. 11 of the programs here set theirs as a share of HUD’s area median income for Craighead County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Bono?

HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

72416

Sources: agency sites (June–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.