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Homeownership for Assisted Housing Residents

​On this page you will find information about Section 32 Homeownership.  This program provides the opportunity to purchase a single-family home owned by the City of Phoenix. These three- and four-bedroom homes are located throughout the city and have been approved for sale by HUD. 

Program highlights

  • Purchase price is the appraised value of the property

  • City provides a forgivable loan to finance 20% of the purchase price

Some program requirements

  • Must be first time home buyer

  • Must qualify for a mortgage

  • Income must be at or below 80% AMI

  • Must take Financial Education, maintenance and homeownership classes

  • A minimum of 1% of purchase price for down payment from personal funds

Download Section 32 Homeownership Program application

View available homes

 

For more information call the Section 32 Homeownership Coordinator at 602-534-4584.



 

 

 

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