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Fort Smith Down Payment Assistance Program

Fort Smith provides down payment assistance to eligible homebuyers purchasing homes within the city.

About this program

The City of Fort Smith Down Payment Assistance Program helps eligible households purchase homes within the city by providing assistance for down payment and related purchase costs. The program supports affordable homeownership opportunities for income-eligible buyers and is administered through the City's Community Development Department using housing program funds.

Eligibility

Eligible income-qualified homebuyers purchasing a home in Fort Smith may apply for down payment assistance when program funds are available.

Requirements

  • Home being purchased must be located in Fort Smith.
  • Applicant household must meet applicable income eligibility requirements.
  • Applicant must meet homebuyer and mortgage readiness requirements set by the City.