Arizona MLS Real Estate Search

Need help with ANY AZ Mortgage or Down Payment Assistance Programs in AZ?

We can help you get qualified for ANY AZ mortgage so you can buy a home including the several Down Payment Assistance Programs in AZ!   There are a few First Time Home Buyer Programs in AZ as well!! Which mortgage program is best for you?  What program will get you the best payment?  Are you looking for an FHA Loan, VA Loan, USDA Loan, Jumbo Loan or a Conventional Loan?  We're here to help get you the most up to date mortgage rates in Arizona with the best payment that fits your situation!

Also get access to our Realtor MLS UPDATED EVERY 5 Minutes!  That means EVERY home from EVERY Real Estate Company that is currently for Sale and FASTER THAN ZILLOW!

Questions or need help to get started with the mortgage process?
Call/text us at (480) 442-2502 or click the LIVE CHAT below.

NEIGHBORHOOD STABILIZATION PROGRAM

In the wake of the 2008 mortgage crisis, the federal government took action to help bolster the weakened economy and help fix the housing market.  This included the creation of the Neighborhood Stabilization Program.  As the name suggests, this program was formed to stabilizing areas that had suffered from foreclosures.

This program includes grant money that has been offered to states, local governments and select non-profit entities.

It was originally created in 2008 as part of the Housing and Economic Recovery Act.

It was then continued through a second round of funding provided in 2009 under the American Recovery and Reinvestment Act.

Next, additional funds were authorized under the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010.

Arizona Neighborhood Stabilization Program Information

What Are AZ Home Buyer Grants?

Many home buyers search for home loan grants Arizona. How do they work?  Grants are given by the federal, state or local governments and, when available, are great to help with down payment assistance and closing costs.

Unlike some types of assistance, grants are not expected to be repaid.

There are a variety of different down payment assistance programs available in Arizona. They are offered through the state, county and city governments and state housing agencies and are made available to serve low to average income earning Arizona families.  They also help revitalize areas that have been hit hard by foreclosures to help boost and stabilize home values.

At times, instead of a true grant program, many of the down payment assistance programs will provide the assistance funds in the form of a silent second that has no interest, no payment and is forgiven monthly over the first three years of home ownership.

List of Arizona Down Payment Assistance Programs

Home Buyer Grants Available in Arizona Offered by the Federal Government

Programs offered by the federal government are typically administered through the Department of Housing and Urban Development (HUD).  Please note that arizonadownpaymentassistance.com is not a government agency and is not affiliated with HUD.

Programs including home loan grants in Arizona that HUD offers include (but are not limited to) the following:

  • Good Neighbor Next Door provides substantial discounts on homes in key revitalization areas to teachers, law enforcement officers, firefighters and EMTs.
  • Homeownership Voucher Program provides assistance in the form of home buying subsidies to first time homebuyer low-income families.
  • Homeownership for public housing residents provides assistance for public housing residents in becoming homeowners.
  • Neighborhood Stabilization Program help revitalize Arizona communities that have been hit hard by foreclosures and abandonment to help boost and stabilize home values. The program aims for the purchase and redevelopment of foreclosed and abandoned homes and residential properties.

Assistance for Existing Homeowners

In addition, the government offers affordable housing help to existing homeowners that are struggling to maintain their higher mortgage payments through various refinance, modification, short sale or deed-in-lieu programs.

Two of the most popular recent government affordable housing mortgage programs include the Making Home Affordable Program and the Home Affordable Foreclosure Alternatives Program.

HOMES WE CAN HELP YOU FINANCE

$489,000
3 Beds 3 Baths 7051185 MLS 1,978 SqFt.
Looking to live in the HOTTEST AREA IN GILBERT? Welcome to The Lakes at Annecy, just minutes from vibrant SAN TAN VILLAGE's shopping and dining & easy access to Loop 202 freeway, where you will fall in love with this AMAZING home & urban-style living experience (including multiple lakes w/walking paths, swimming pools, playgrounds, basketball courts). This like-brand-new MOVE-IN READY 3 BR 2.5 BA plus OFFICE ~2000sf home w/2 CAR garage in The Lakes at Annecy -- derived from France's Lake Annecy known as the ''Venice of the Alps'' -- ALL FOR UNDER $500k is upgraded to the max. The GATED TREE-LINED community will give you that welcome home feel blended w/safety. As you approach, you'll find the PAVERED PORCH and 8' FRONT DOOR that leads to the QUIET DOWNSTAIRS OFFICE/DEN w/GLASS DOORS & BEAUTIFUL PLANK FLOORS, that extend to the STYLISH OPEN CONCEPT main living space that has an ABUNDANCE OF MUCH DESIRED NATURAL LIGHT. Be the proud owner of this VERY RARE "Annecy" GOURMET KITHEN that provides rich tobacco UPGRADED MAPLE CABINETRY w/42" uppers, beautifully contrasting Silver Falls GRANITE counters, SUBWAY TILE backsplash, COOKTOP w/HOOD, BUILT-IN OVENS, BLANCO QUARTZ SINGLE BOWL SINK, and large ISLAND w/PENDANT lighting. The HUGE WALK-IN PANTRY also provides a bonus storage area. When it's time to wind down, a relaxing OWNER'S SUITE has a FLOOR-TO-CEILING TILE surround w/RAINFALL showerhead, his/hers contemporary sink vanity, PRIVATE WATER CLOSET, and WALK-IN CLOSET. Head down the hall to the 2 OTHER BEDROOMS and FULL BATH. An attached 2 CAR garage includes a water softener loop for those silky smooth showers and laundry. Includes CEILING FANS and fresh paint. Just around the corner from your home you will have access to all the dining & social life activities that many "Zonies" drive many miles to access. And speaking of access, Loop 202 freeway is conveniently located to quickly get you to all parts of the southeast valley, including travel out of Phx-Mesa Gateway Airport. Welcome to an abundant life. And don't miss the MUST SEE VIDEO.

1686 E Chelsea Lane, Gilbert

Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.