Apply for down payment assistance on manufactured homes

Are you a new homebuyer? The Manufactured Home Down Payment Assistance Program may be right for you. The program was created to support homebuyers seeking to enter the ownership market by providing low-interest matching loans for down payments on manufactured homes.

CBJ has partnered with True North Federal Credit Union to establish this program, which provides low interest loans to qualified residents for up to 50% of the down payment on a manufactured home. Residents must be able to match the other 50%. Loans will be available at 1% interest and are not to exceed $20,000. The borrower will have up to five (5) years to pay back the loan.

The Manufactured Home Down Payment Assistance Program is only available to people with income limits at or below 120% Area Median Income for the City and Borough of Juneau adjusted annually. (See the 2024 numbers.) Qualified applicants may only participate in this program once. The manufactured home must be located in a manufactured home park within the City and Borough of Juneau, and the applicant must reside there.

Applications are accepted on a rolling bases and loans are available until all allocated funds have been exhausted.

For more information, visit the MHDPA program website.

For application assistance and information, please contact True North Federal Credit Union at (907) 523-4710.