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SRFSI IDA Matched Savings Homeownership Program

Salt River Financial Services Institution (SRFSI) / Salt River Pima-Maricopa Indian Community · Scottsdale, Arizona

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Assistance

$5,000

The maximum the program publishes — not an offer

Repayment

Grant

Not repaid

What is 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.

How much assistance does it provide?

SRFSI IDA Matched Savings Homeownership Program offers up to $5,000 in assistance.

  • Buyer 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.

Do you have to pay it back?

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.

Who qualifies?

SRFSI IDA Matched Savings Homeownership Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • On credit: Credit readiness required; SRFSI assists with credit building and credit-builder loans. Specific minimum not published.
  • A completed homebuyer education course, through SRFSI Pathways to Homeownership workshops; SRFSI Financial Education Training
  • Residency: Must be an enrolled member of the Salt River Pima-Maricopa Indian Community (SRPMIC)
  • DRAFT (dpa-gap-finder 2026-06-13): pending admin review. DRAFT 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. UNCONFIRMED: first_time_homebuyer requirement; income limits; repayment/recapture terms.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

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.

What kind of home can it be used for?

SRFSI IDA Matched Savings Homeownership Program can be used for Single Family.

  • New construction is eligible.

Is there eligibility for specific groups?

SRFSI IDA Matched Savings Homeownership Program names American Indian and Alaska Native buyers 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?

SRFSI IDA Matched Savings Homeownership Program serves buyers purchasing in Scottsdale, Arizona.

  • The program targets specific areas: Salt River Pima-Maricopa Indian Community reservation, Scottsdale/Maricopa County, AZ.

How do you apply?

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.

  1. Take a homebuyer education course

    Required by the program, through SRFSI Pathways to Homeownership workshops; SRFSI Financial Education Training.

  2. Contact Salt River Financial Services Institution (SRFSI) / Salt River Pima-Maricopa Indian Community to reserve funds

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

  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.

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