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University District Development Corporation First-Time Homebuyer Program

Administered by:
University District Development Corporation / UA Little Rock
· Nonprofit · Forgivable Loan
Funding status: Active

How much assistance

Up to $20,000 for down payment and closing costs

Eligibility

  • Income limits: Annual income must not exceed 80% of the area median income, adjusted for family size
  • First-time buyer required: Yes Must not have financed a home within the last 3 years prior to application.
  • Geographic restrictions: Home must be located within the University District Development Area in Little Rock and must have been constructed or renovated by the UDDC.
  • Homebuyer education required: No

How to Apply for University District Development Corporation First-Time Homebuyer Program

Contact the University District Development Corporation to check for available homes. Submit an application with proof of income. The amount of down payment assistance is based upon need.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)