City of Mesa Homeownership Assistance Program (HOA)

What is City of Mesa Homeownership Assistance Program (HOA)?

City of Mesa Homeownership Assistance Program (HOA) is a deferred second loan for homebuyers in Mesa, Arizona, administered by City of Mesa Department of Housing and Community Development (HCD).

• The City of Mesa Homeownership Assistance Program (HOA) provides down payment assistance, closing cost assistance, and soft-second deferred loans up to $30,000 to low- and moderate-income first-time homebuyers within the City of Mesa. The program is funded through federal HOME and CDBG funds administered by Mesa's Department of Housing and Community Development. Buyers must earn at or below 80% AMI, contribute a minimum of $1,500, complete HUD-approved homebuyer education, and occupy the home as their primary residence for at least 5 years.
• Up to $30,000 deferred-loan assistance for down payment and closing costs.
• Zero-interest soft second loan.
• For low- to moderate-income Mesa first-time buyers.
• Only $1,500 minimum borrower contribution.
• This is a federal program, so it is available beyond a single state or city.
• Funding comes from HOME Investment Partnerships Program (HOME) / CDBG.

How much assistance does it provide?

City of Mesa Homeownership Assistance Program (HOA) offers up to $30,000 in assistance.

• Buyer contribution: Borrower must contribute a minimum of $1,500 of their own funds toward the down payment.
• Amounts are the program's published maximums, not an offer — City of Mesa Department of Housing and Community Development (HCD) determines any individual award.

Do you have to pay it back?

City of Mesa Homeownership Assistance Program (HOA) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Repayment is triggered by Sale, transfer, refinancing for equity, or failure to maintain as primary residence during the affordability period.
• The assistance is recorded in Second position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

City of Mesa Homeownership Assistance Program (HOA) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

City of Mesa Homeownership Assistance Program (HOA) limits household income to 80% of the area median income, which varies by county and household size.

• Annual gross household income at or below 80% of AMI for the Phoenix-Mesa-Scottsdale, AZ HUD Metro FMR Area.
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

City of Mesa Homeownership Assistance Program (HOA) is a federal program, so it is not limited to Arizona.

How do you apply?

Applications for City of Mesa Homeownership Assistance Program (HOA) go through City of Mesa Department of Housing and Community Development (HCD), which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through HUD-approved homeownership counseling agency; every adult household member must attend pre-purchase workshop(s), meet with a counselor, and complete a 2-hour counseling session.

2. 2

   Contact City of Mesa Department of Housing and Community Development (HCD) to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.