City of Huntsville Homeownership Assistance Program (HOAP)

How much assistance

Up to $24,999 or 10% of purchase price (Forgivable Loan)

Assistance may be forgiven over time with continued owner-occupancy. Contact program for current forgiveness terms.

Eligibility

• Income limits: At or below 80% of Area Median Income based on household size
• First-time buyer required: Yes — Must be a first-time eligible homebuyer.
• Geographic restrictions: Property must be within Huntsville city limits.
• Homebuyer education required: Yes

How to Apply for City of Huntsville Homeownership Assistance Program (HOAP)

Notes

Assistance may be used for down payment, closing costs, interest rate buy-down, or principal pay-down.

Cities Where This Program Is Available

• Huntsville, AL