First-Time Buyer Programs in Arizona (2026 Update)

For first-time buyers in 2026, Arizona offers several grants and down payment assistance (DPA) programs. Key options include HOME Plus, which provides up to 5% of the loan amount for down payments, and the WISH Grant, which offers a 4-to-1 match (up to $32,837) for eligible buyers. Most programs now feature higher income limits—up to 120% of the Area Median Income (AMI)—to assist with 2026 home prices.

Breaking the Down Payment Barrier

If you’ve been sidelined by the “upfront cost” of homeownership, 2026 is bringing significant relief. State and local agencies have adjusted their programs to match current market realities, making it easier than ever to get into a home with little to nothing out of pocket.

Top Programs to Explore:

1. The HOME Plus Program: This is Arizona’s flagship statewide program. It offers a 30-year fixed-rate mortgage combined with a non-repayable grant for down payment and closing costs. In 2026, it remains one of the few programs available in every Arizona county.

2. The WISH Grant (OneAZ & Others): For every $1 you save, the program matches it with $4. If you contribute $8,000 of your own savings, you could receive a match of over $32,000—a massive boost for your first home in the Valley.

3. Arizona is Home Program: Aimed at those at or below 120% AMI, this provides a “silent second” mortgage that is due only upon the sale of the home, helping you keep your monthly payments lower.

Pro-Tip: Always start with a “Homebuyer Education Course.” Most of these grants require a certificate of completion, and it’s the best way to ensure you’re ready for the responsibilities of a mortgage.