Homebuyer Assistance
Home ownership is important for families as a home typically represents a family’s largest asset and helps provide stability and financial security. Home ownership also impacts our community as a whole: crime rates are lower in neighborhoods with high owner-occupancy, turnover in the business community is reduced and it is easier to recruit additional businesses to relocate to Flagstaff.
BOTHANDS has developed programs to help first-time homebuyers buy a home. In addition to providing homebuyer education and one-on-one counseling to prospective homebuyers, BOTHANDS provides financial assistance to low- and moderate-income homebuyers through our Individual Development Account Program and the City of Flagstaff's Community Homebuyer Assistance Program, IDA and CHAP.
The City of Flagstaff's Community Homebuyer Assistance Program is again being administered by BOTHANDS! Through the CHAP program, low- and moderate-income first-time Flagstaff homebuyers with down-payment and closing cost assistance. For more information on program eligibility and assistance levels, please contact us about attending orientation - (928) 214-7456. If you are a current CHAP client and have been working with Housing Our Communities, please contact us so we can help you transition to our organization. You can reach Cher at cferry@bothands.org.
More than 1,100 households have received counseling and education through BOTHANDS in the six years since the program first began. We have also provided financial assistance to more than 200 families, helping them to open the door to homeownership.
Individual Development Accounts
Homeownership Success Stories
