Down payment and closing costs loans are administered by home ownership counseling agencies who partner with the city. First-time low- and moderate-income home buyers interested in buying a home in the city of Phoenix may be eligible to participate in the loan program. Participants must be at or below 80 percent median income as indicated on the Median Annual Income Table.
Funds are made available in the form of low-interest loans for the construction, acquisition and rehabilitation of multi-unit rental housing for low-income households. Non-profit and for-profit housing developers may be eligible to apply, depending on the funding source. There is an open application process with applications accepted on any working day of every month.
The Neighborhood Services Department has several loan and grant programs designed to help residents meet code requirements and improve the safety, comfort, appearance and value of their homes. Programs include the Emergency Home Repair Program, Hardship Assistance Program and Weatherization Assistance Program. Additionally, the Rental Rehabilitation Program is offered for multi-family housing.
Funds are made available to nonprofit agencies for acquisition and/or rehabilitation and limited new construction to produce supportive housing for special needs populations. Special needs populations include homeless people, victims of domestic violence, people with disabilities, youth in crisis, people living with HIV/AIDS and the elderly.