The City of Alton Homeownership Program, administered by the Department of Development & Housing, was initiated in 1997 to boost homeownership rates and expand affordable housing within Alton. It provides 5-year forgivable down payment and closing-cost assistance loans to homebuyers with incomes below 80% of the area median income who purchase homes within Alton city limits. Funded through HOME and CDBG, the program has assisted over 900 households with more than $3 million in expenditures since inception.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on Homeownership Program: what it is, who it is for, how it is forgiven, where it applies and how to apply. Based on program data from June 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.