City of Pine Bluff Home Buyer Assistance Program

Administered by: City of Pine Bluff Economic and Community Development Department · City · Deferred Loan

Funding status: Active

How much assistance

Up to $2,000 for down payment and up to $3,000 for closing costs (Deferred Loan)

Five-year, zero-interest, deferred loan. Does not need to be repaid unless the property is sold, transferred, refinanced, or otherwise disposed of within the five-year period.

Eligibility

  • Income limits: Gross annual income must not exceed 80% of HUD median income for Pine Bluff
  • First-time buyer required: No
  • Geographic restrictions: Must purchase a home within Pine Bluff city limits. Eligible properties include homes on the open market, HUD-repossessed homes, or for-sale-by-owner homes.
  • Homebuyer education required: Yes

How to Apply for City of Pine Bluff Home Buyer Assistance Program

Step 1: Visit the City of Pine Bluff Economic and Community Development Department at 716 S. Georgia Street, Monday through Friday, 8:00 AM to 5:00 PM. Walk-ins are welcome. Call 870-543-1820 for more information. A minimum of $500 toward the down payment from the buyer is required. Housing counseling is mandatory.

Visit program website

Notes

Funded through CDBG/HOME federal funds administered by the city. Buyer must contribute a minimum of $500 toward the down payment. Closing costs covered do not include prepaid items.

Cities Where This Program Is Available