Home Opportunity Program (HOP)
The HOP program provides down payment and closing cost assistance to low-income individuals and families who are trying to purchase a home.
The funds are made available through nonprofit intermediaries who administer programs in the major urban areas of Alaska. Please contact the agency that serves your community to see if you qualify for the program.
Grant Funding Availability
HOP grants are made available on a 3-year basis. A Notice of Funding available will be published for the first year. Grants awarded under this NOFA may be renewed for two additional years based on grantee performance and available funds. The last NOFA was published in January 2017 with $1.4 million available for HOP activities. The next NOFA may be published in January 2020.
Please review program eligibility, requirements, and program specific information in the HOP Program Policies and Procedures manual found below.
Planning and Program Development
Alaska Housing Finance Corporation
P.O. Box 101020
Anchorage, AK 99510-1020
For further information, please contact the intermediary organization that administers the grant for your geographic area.
Mat-Su Borough, Kenai Peninsula, Copper River Basin (Glennallen, Valdez & Cordova), Juneau, Haines, Ketchikan, Petersburg, Wrangell, Sitka, Kodiak
Alaska Community Development Corporation NMLS# 358478
Phone: (907) 746-5680
Toll-Free: 1 (800) 478-8080
Fairbanks North Star Borough, SE Fairbanks Census Area
Fairbanks Neighborhood Housing Services NMLS: 266203