Get a Newly Remodeled Home Plus a $15,000 Interest-Free, No Monthly Payment Loan
The NSP Move-In Ready Program offers buyers a practical option in their pursuit of a home. These newly improved foreclosed homes meet the HUD Housing Quality Standards, offer energy efficient features and enhanced curb appeal.
The Move-In Ready Program consists of a $15,000 loan to assist with down payment and closing costs to purchase the "Move-In Ready" home.
This interest-free, no monthly payment loan from the city is forgivable and declines over a 15-year timeframe. If the owner sells the home, refinances or no longer occupies the residence prior to 15 years, the remaining balance will be due.
Buyers who chose this option enjoy the benefits of living in established areas of the city of Phoenix. To find out if you are eligible to participate in this program, view the link: Am I eligible?
Buyer's Guide and Checklist
View Move-In Ready Program Map and Available Inventory
Homes offered in the Move-In Ready Program are owned and available for sale by NSP developer partners: Foundation for Senior Living, Neighborhood Housing Services of Phoenix and Mandalay Communities.
To date, 246 homes have been sold through the Move-In Ready Program.
NSP developers, Foundation for Senior Living and Mandalay Communities, and program partners volunteered over 260 hours painting out graffiti in five neighborhoods with high concentration of Move In Ready homes. One hundred and nine volunteers removed 272 graffiti sites using 60 gallons of paint. In addition, cleans-ups were conducted in the same locations removing trash from seven alley ways and two wash areas.
To learn about other Homeownership Program options and eligibility criteria, call 602-262-6602 or by e-mail at nsphome@phoenix.gov.
