The City of Phoenix Open Doors Homeownership down payment assistance program offers up to a maximum of $15,000 towards your down payment and/or closing costs in the City of Phoenix jurisdictional area. Income limitations and debt ratio limitations apply. You must be a first-time homebuyer for this program.
City of Phoenix has created this program for individuals or families that need down payment assistance. The grant is combined with a FHA 30-year-fixed-rate mortgage. Financing for these loans are available on existing homes, condos (condo conversions not allowed), or townhouses.
Maximum credit qualifying income may not exceed 80% of AMI based on household size.
Maximum purchase price limit of $180,000.