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ARLINGTON HOMEBUYERS' ASSISTANCE PROGRAM
The Arlington Homebuyers’ Assistance Program (AHAP) provides down
payment and closing cost assistance to low income, first-time
homebuyers. Assistance is provided in the form of a forgivable loan
of up to $7,500 for down payment and closing cost assistance. For
properties located in a revitalization area (NRSA
map) and households with a disabled member, a forgivable
loan of up to $10,000 in assistance is available. The loan is 0%
interest and is payable only if you sell, refinance with cash-out,
or lease your home during the first five years after buying your
home.
 Criteria for Eligibility
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The buyer must be a
first-time homebuyer, or be from a federally declared disaster
area.
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The total projected gross household income for
the next 12 months must not be higher than the "Low Income" level of
HUD Income Limits.
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The homeowner must have less than $15,000 in
liquid assets.
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The homebuyer must contribute a minimum of $1,000
towards the purchase.
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The homebuyer must qualify for a conventional,
FHA, or VA mortgage loan with a private lender or mortgage broker.
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The home being purchased must meet minimum
housing standards (AHAP
Inspection guide)
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The home being purchased must be the buyer's
principal place of residence and must be located in Arlington.
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The homebuyer must attend a HUD approved
homeownership training class.
Realtor's Link (pdf)
Frequently Asked Questions (FAQ)
Download current brochure
(pdf)
Descargue el
folleto
(pdf) EN ESPANOL
First Time Homebuyer FAQ
(pdf) EN ESPANOL
AHAP Application Process Weblink
(pdf) EN ESPANOL
Application Process
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