Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
First-time homebuyers purchasing within Flagstaff city limits, Income-qualified households using CHAP Option 1 at or below 150% of AMI, Income-qualified households using CHAP Option 2 at or below 125% of AMI
What support do you get?
CHAP has two live paths: Option 1 provides up to $50,000 in matching funds for down payment and closing costs, while Option 2 provides assistance equal to 30% of the purchase price in exchange for permanent affordability restrictions.
Do you repay it?
Option 1 is a deferred city loan with no monthly payments while owner-occupied and is repaid on sale, transfer, cash-out refinance, or loss of owner-occupancy through an equity-share formula. Option 2 does not require cash repayment, but the home stays permanently affordable through a 99-year renewable ground lease or deed restriction and the seller keeps only up to 25% of market appreciation.
How do you apply?
Submit the current pre-purchase application to Housing Solutions of Northern Arizona, then complete one-on-one counseling, eligibility review, and CHAP path selection before closing.
Application timing
Submit the HSNA home ownership application first, then call or email HSNA to schedule a one-on-one counseling appointment; down payment and closing-cost assistance funds are first-come, first-served until expended.
Official source evidence
The current City of Flagstaff CHAP page says Option 1 offers up to $50,000 in 10:1 matching deferred assistance for households up to 150% of AMI, while Option 2 offers assistance equal to 30% of the purchase price for households up to 125% of AMI in exchange for permanent affordability rules. The same page routes applicants through Housing Solutions of Northern Arizona's pre-purchase application and counseling process.
View official source
Last verified
2026-04-21
Effective date not captured.
Paid preview
What paid access adds for Community Homebuyer Assistance Program (CHAP)
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
Community Homebuyer Assistance Program (CHAP)
Amount: CHAP has two live paths: Option 1 provides up to $50,000 in matching funds for down payment and closing costs, while Option 2 provides assistance equal to 30% of the purchase price in exchange for permanent affordability restrictions.
Repayment: Option 1 is a deferred city loan with no monthly payments while owner-occupied and is repaid on sale, transfer, cash-out refinance, or loss of owner-occupancy through an equity-share formula. Option 2 does not require cash repayment, but the home stays permanently affordable through a 99-year renewable ground lease or deed restriction and the seller keeps only up to 25% of market appreciation.
First-time buyer: Required
Timing: Submit the HSNA home ownership application first, then call or email HSNA to schedule a one-on-one counseling appointment; down payment and closing-cost assistance funds are first-come, first-served until expended.
Risk checks preview
What gets flagged before you call a lender
- Community Homebuyer Assistance Program (CHAP) can trigger repayment on sale or refinance.
Lender questions preview
Questions tied to this exact path
- Which events trigger repayment for Community Homebuyer Assistance Program (CHAP): sale, refinance, transfer?
- How does Community Homebuyer Assistance Program (CHAP) define a first-time buyer for this household?
Action checklist preview
What you would do next
- Confirm the first-time buyer definition before you apply
- Review the official Program page for Community Homebuyer Assistance Program (CHAP)
