CSCDC American Dream Downpayment Initiative (ADDI)

Administered by: Crawford-Sebastian Community Development Council · County · Forgivable Loan

Funding status: Active

How much assistance

Up to $10,000 (10% of purchase price, whichever is less) (Forgivable Loan)

Forgiven after 5 years if applicant remains in the home. No interest and no monthly payments during forgiveness period.

Eligibility

  • Income limits: Must be under annual low-income limits
  • First-time buyer required: Yes
  • Geographic restrictions: Crawford County and Sebastian County, Arkansas.
  • Homebuyer education required: Yes

How to Apply for CSCDC American Dream Downpayment Initiative (ADDI)

Step 1: Contact CSCDC at (479) 785-2303 at 1617 South Zero Street, Fort Smith, AR 72901. Complete an 8-hour HUD-approved homebuyer counseling class. Must be a low-income first-time homebuyer.

Notes

Verified via findhelp.org and CSCDC website. Program covers both Crawford and Sebastian counties.

Cities Where This Program Is Available