SRFSI IDA Matched Savings Homeownership Program

SRFSI IDA Matched Savings Homeownership Program is a grant for homebuyers in Scottsdale, Arizona, administered by Salt River Financial Services Institution (SRFSI) / Salt River Pima-Maricopa Indian Community. The Salt River Financial Services Institution (SRFSI), a Native CDFI serving the SRPMIC, offers an Individual Development Account (IDA) Matched Savings Program that matches enrolled members' savings dollar-for-dollar up to $5,000 for use as a down payment on a new home. SRFSI also provides the mortgage loan directly, with credit counseling, financial education, and construction coordination. Pathways to Homeownership workshops orient members to requirements and the construction process. IDA matched savings up to $5,000. In-house mortgage lending. Credit building assistance. Home construction coordination. Financial education workshops. Funding comes from Tribal CDFI / tribally funded.

SRFSI IDA Matched Savings Homeownership Program offers up to $5,000 in assistance. Homebuyer contribution: Borrower must save the matched amount; IDA match up to $5,000 for down payment savings. Amounts are the program's published maximums, not an offer — Salt River Financial Services Institution (SRFSI) / Salt River Pima-Maricopa Indian Community determines any individual award.

SRFSI IDA Matched Savings Homeownership Program is structured as a grant, so it is not repaid. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

SRFSI IDA Matched Savings Homeownership Program is open to homebuyers who will live in the home as their primary residence. On credit, the program states: Credit readiness required; SRFSI assists with credit building and credit-builder loans. Specific minimum not published. A homebuyer education course is required, through SRFSI Pathways to Homeownership workshops; SRFSI Financial Education Training. Residency requirement: Must be an enrolled member of the Salt River Pima-Maricopa Indian Community (SRPMIC). NOTE: Must be an enrolled SRPMIC member. Homeownership primarily involves new construction on trust land. IDA match amount ($5,000) confirmed in official article; full IDA terms not published in a standalone document — contact SRFSI.

SRFSI IDA Matched Savings Homeownership Program sets its income limit as follows: Not specified; serves low-to-moderate income tribal members. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

SRFSI IDA Matched Savings Homeownership Program can be used for Single Family. New construction is eligible.

SRFSI IDA Matched Savings Homeownership Program names American Indian and Alaska Native homebuyers 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.

SRFSI IDA Matched Savings Homeownership Program serves homebuyers purchasing in Scottsdale, Arizona. The program targets specific areas: Salt River Pima-Maricopa Indian Community reservation, Scottsdale/Maricopa County, AZ.

Applications for SRFSI IDA Matched Savings Homeownership Program go through Salt River Financial Services Institution (SRFSI) / Salt River Pima-Maricopa Indian Community, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.