Alabama Housing Finance Authority
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Homeownership
OpenAlabama Housing Finance AuthorityALFirst-Time HomeownerFirst mortgage with second-mortgage down payment assistance and closing-cost grants
Updated: Dec 5, 2025
Statewide homeownership hub that connects Alabama buyers to below-market 30-year fixed-rate mortgages, down payment assistance, and closing-cost grants through AHFA’s First Step, Step Up, and grant add-ons.
Eligible for: Low- to moderate-income homebuyers in Alabama who meet program income, credit, and purchase-price limits, complete homebuyer education, and …
Funding: Down payment and closing-cost assistance typically up to 4 percent of the sales price or 10000 dollars, plus possible closing-cost grants.RollingStatewideindividuallow- to moderate-income homebuyerdown payment assistanceclosing cost assistancemortgage assistance