By Tyler Thompson · NC-Licensed Real Estate Agent · Updated November 2, 2026
Juneau AK Down Payment Assistance & Homebuyer Programs
See programs you qualify for
Get Matched Free →Free to you. We may earn a referral fee from an agent you’re matched with.
Juneau's $449,300 median makes the cash to close the hard part. Compare down payment assistance loans, the city's manufactured home loan and state rates.
Verified Nov. 2026
Quick answer
Juneau buyers under 80% of median income can apply for the Home Opportunity Program, a 0% loan up to $30,000 with $10,000 forgiven over 5 years. First-time buyers can also apply for Alaska Housing's First Home Limited rate, which allows homes up to $624,491 here. Manufactured home buyers can borrow half their down payment, up to $20,000, from the city.
- Median home value
- $449,300
- Census ACS 2020-2024
- 3% down payment
- $13,479
- At the median value
- Closing costs
- $11,200–$15,700
- 2.5% to 3.5% of price
- Main programs
- 5
- Plus 14 options for some buyers
Forgivable means you repay nothing if you live in the home for the full term. Sell or move out early and you may owe some or all of it back.
Which program fits your Juneau home?
Find the row that describes you, then check the catch before you count on the money.
| If you are | Start with | What you get | The catch |
|---|---|---|---|
| Household under 80% of median income | Start with:Home Opportunity Program | You get:Up to $30,000 at 0%, with $10,000 forgiven by year 5 | Catch:Very limited funds, first come, first served; class required; no other home owned |
| First-time buyer under the income limit | Start with:First Home Limited | You get:Alaska Housing's lowest first-time rate | Catch:Price up to $624,491; income up to $137,500 for 1-2 people, $158,125 for 3 or more |
| First-time buyer over that limit | Start with:First Home | You get:A discounted rate at any income or price | Catch:Can't have owned your primary home in the past 3 years; 620 credit score |
| Buying a manufactured home in the borough | Start with:City manufactured home loan | You get:Half your down payment, up to $20,000, at 1% | Catch:You match the other half; income up to 120% of median; one use per person |
| Veteran within 25 years of discharge | Start with:Veterans Mortgage Program | You get:A veterans-only state mortgage rate | Catch:Apply within 25 years of leaving active duty; the 1% veterans preference can't be added |
Limits: Alaska Housing income and price tables (June 1, 2026); Home Opportunity income limits (June 1, 2025); Juneau's 2024 income table.
We’ll fill in its city and state on the free eligibility check. A mailing address that says Juneau isn’t always inside city limits, so confirm with the program before you make an offer.
How much cash you need in Juneau
| Median home value (Census ACS 2020-2024) | $449,300 |
|---|---|
| 3% down payment (conventional loan) | $13,479 |
| 3.5% down payment (FHA loan) | $15,726 |
| Closing costs, 2.5% to 3.5% of price | $11,200–$15,700 |
| Cash needed with 3% down, before any help | $24,679–$29,179 |
| Cash needed after Home Opportunity Program | $5,953–$10,453 |
Estimated as 2.5% through 3.5% of the $449,300 price: lender and title fees, appraisal, recording, and escrow for borough property tax and homeowners insurance. Estimate only, not a quote.
Compare Juneau's main programs
| Program | Who runs it | Help | Paid back? | Who can apply |
|---|---|---|---|---|
| Home Opportunity Program | Runs it:Alaska Community Development Corp. | Help:Up to $30,000 | Paid back?$10,000 forgiven over 5 years; the rest is repaid when you sell | Who:Juneau households below 80% of median |
| First Home Limited | Runs it:Alaska Housing | Help:Below-market rate | Paid back?Monthly mortgage payments; recapture tax possible on a sale | Who:First-time buyers within Juneau limits |
| First Home | Runs it:Alaska Housing | Help:Reduced rate | Paid back?Monthly mortgage payments, no cap on price | Who:First-time buyers above Juneau limits |
| Low-income rate reduction | Runs it:Alaska Housing | Help:0.5% or 1% off | Paid back?A rate cut, not a loan; covers the first $180,000 | Who:First-time buyers under $106,800 for 4 |
| Manufactured home loan | Runs it:City and Borough of Juneau | Help:Up to $20,000 | Paid back?1% interest, paid back within 5 years | Who:Manufactured home buyers in the borough |
Can you combine them? A Juneau buyer picks one Alaska Housing first mortgage and adds the rate cuts it allows. The Home Opportunity loan is a separate second. The city's loan pays only toward a manufactured home's down payment through True North Federal Credit Union.
Other help for some Juneau buyers
- Cook Inlet Lending Center: A repayable second up to $75,000 for first-time buyers with a Native borrower. Alaska Housing's enhanced option lets it sit behind a state loan.
- State veterans rate preference: Veterans earning up to $106,800 for 4 in Juneau take 1% off the first $50,000.
- Energy rating discount: Homes heated without natural gas get the bigger cut, up to 0.75% off the first $250,000.
- FHLBank Des Moines grants: Member banks request $15,000 first-time grants and $25,000 Native household grants while quarterly funds last.
- HUD Good Neighbor Next Door: Eligible teachers, officers, firefighters and EMTs pay half price for a HUD home in a revitalization area. They must stay 3 years.
- HUD $100 down: An owner-occupant buying a HUD-listed Juneau home with FHA puts $100 down.
Loan types that work with this help
Most Juneau buyers in these programs use an FHA loan at 3.5% down or a conventional loan at 3% through HomeReady or Home Possible. Veterans can buy with nothing down on VA. USDA's no-down loan reaches only addresses its map counts as rural.
Three Juneau examples
Examples only, not quotes. Closing costs use 3% of the price, the middle of the range above.
$449,300 median home with Home Opportunity help
| Price | $449,300 |
|---|---|
| Down payment | $15,726 |
| Closing costs | $13,479 |
| Home Opportunity Program | −$18,726 |
| You bring | $10,479 |
FHA insurance on a First Home Limited loan, 3.5% down. The help pays the down payment and the $3,000 closing-cost maximum; $8,726 of it is due on sale.
$150,000 manufactured home with the city loan
| Price | $150,000 |
|---|---|
| Down payment | $15,000 |
| Closing costs | $4,500 |
| City manufactured home loan | −$7,500 |
| You bring | $12,000 |
This example assumes the lender asks for 10% down. The city lends half of it, and the buyer must match the other half.
Veteran, $480,000 home with VA
| Price | $480,000 |
|---|---|
| Down payment | $0 |
| Closing costs | $14,400 |
| You bring | $14,400 |
No down payment on VA, with closing costs figured at 3%. Asking the seller for a credit would shrink that figure.
How to apply in Juneau
- 1
Finish a homebuyer class
Alaska Housing HomeChoice
The Home Opportunity Program and the low-income rate cut both require a class. Alaska Housing's online course is free and takes about 2 hours. It can cut $250 from a state loan's costs.
register@ahfc.us · ahfc.us
- 2
Choose an approved Juneau lender
Alaska Housing approved lenders
First Home Limited and First Home come only through approved lenders. Ask for a quote on both.
- 3
Apply for Home Opportunity funds
Alaska Community Development Corporation
Ask a participating lender or the Palmer office for the form. Money goes out in the order applications arrive. Send yours right after pre-approval.
- 4
For a manufactured home, call True North
True North Federal Credit Union
The city's loan runs through this credit union until the money is gone. Bring proof of income. You cover half the down payment.
True North Federal Credit Union: 907-523-4710 · Alaska Community Development Corporation: 907-746-5680 · Alaska Housing: 907-338-6100 · juneau.org
Before you make an offer in Juneau
Check the Mendenhall flood maps
Glacial outburst floods have hit the Mendenhall Valley. The city publishes inundation maps for 8 to 20 foot lake levels, with and without the HESCO barriers. Check any valley address before you offer.
Budget for borough property tax
Typical Juneau owners pay $4,251 a year in property tax, about 0.95% of value (Census ACS 2020-2024). It is lower as a share than Anchorage, but the higher prices push the dollar figure up.
Frequently Asked Questions
Why does Juneau get a higher First Home Limited price cap than Anchorage?+−
Can the city's manufactured home loan help with a Juneau condo?+−
Does a Juneau household of 3 earning $75,000 get the full 1% rate cut?+−
How much of a $20,000 Home Opportunity loan would a Juneau buyer pay back?+−
Can a Juneau veteran stack the Veterans Mortgage Program and the 1% preference?+−
Buying elsewhere in Alaska? Compare all Alaska home buyer programs →
Sources
Last verified November 2, 2026.
- U.S. Census Bureau: Juneau city and borough, Alaska profile (ACS 2020-2024)
- Alaska Community Development Corporation: Home Opportunity Program
- City and Borough of Juneau: Manufactured Home Down Payment Assistance Program
- City and Borough of Juneau: Manufactured home loan news release (Dec. 5, 2024)
- Alaska Housing: First-time homebuyer loans
- Alaska Housing: First Home Limited income limits, non-targeted areas (June 1, 2026)
- Alaska Housing: First Home Limited acquisition cost limits (June 1, 2026)
- Alaska Housing: Low-income rate reduction income limits (June 1, 2026)
- Alaska Housing: State veterans preference income limits (June 1, 2026)
- Alaska Housing: Veterans programs
- Alaska Housing: HomeChoice homebuyer course
- Cook Inlet Lending Center: Down Payment Assistance Loan (income limits May 1, 2026)
- City and Borough of Juneau: Mendenhall flood inundation maps