Habitat for Humanity Central Arizona Homeownership Program

What is Habitat for Humanity Central Arizona Homeownership Program?

Habitat for Humanity Central Arizona Homeownership Program is a first mortgage for homebuyers in Phoenix, Arizona, administered by Habitat for Humanity Central Arizona.

• Habitat for Humanity Central Arizona provides zero-interest affordable mortgages to income-eligible families in Maricopa and Pinal counties, with sweat equity requirements of 200-400 hours in lieu of a traditional down payment. Qualifying families must demonstrate need for adequate housing, ability to pay the affordable mortgage, and willingness to partner with Habitat. Active construction is underway in Arizona City (Pinal County) and the Phoenix metro area.
• Zero-interest Habitat mortgage.
• No traditional down payment (sweat equity replaces it).
• New construction in Maricopa and Pinal counties.
• Income up to 78% AMI.
• Application fee waived for military.
• Mandatory homeownership education.

Do you have to pay it back?

Habitat for Humanity Central Arizona Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity Central Arizona.

• The assistance is recorded in First position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity Central Arizona Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity Central Arizona Homeownership Program limits household income to 78% of the area median income, which varies by county and household size.

• Gross annual household income may not exceed 78% of Maricopa and Pinal County AMI; varies by family size.
• 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.

What kind of home can it be used for?

Habitat for Humanity Central Arizona Homeownership Program caps the purchase price as follows: Homes priced for affordability by Habitat CAZ.

• New construction is eligible.
• Manufactured homes are not eligible.

Is there eligibility for specific groups?

Habitat for Humanity Central Arizona Homeownership Program names veterans and active-duty service members among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Habitat for Humanity Central Arizona Homeownership Program serves buyers purchasing in Phoenix, Arizona.

• Targeted neighborhoods: Currently building in Arizona City (Pinal County) and Phoenix metro.

How do you apply?

Applications for Habitat for Humanity Central Arizona Homeownership Program go through Habitat for Humanity Central Arizona, 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 Mandatory Habitat workshops; homeownership education program.

2. 2

   Contact Habitat for Humanity Central Arizona to reserve funds

   Funds are reserved through Pre-screening application; open enrollment, 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.