The City of Mesa is currently using funds from the U.S. Department of Housing and Urban Development (HUD) to revitalize housing in specific areas of the City to sell to qualified residents. Visit the Details section below for complete details of the HUD program.

There are not any properties currently available.

Please check back.



NSP Program Overview (En Español [PDF])

The U.S Department of Housing and Urban Development’s Neighborhood Stabilization Program (NSP) provides funds to every state and certain local communities to acquire foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.

City of Mesa NSP Homeownership Program Overview
The City of Mesa is purchasing and rehabilitating homes located in Mesa west of Gilbert Road. These properties will be rehabilitated to HUD and City of Mesa housing standards and specifications for habitability. The rehabilitation may include: roof replacement, new HVAC unit(s), new water heater, new windows (dual pane) with sun screens, insulated exterior doors, new appliances, new flooring, interior and exterior paint, new front yard landscaping, baseboards, additional attic and wall insulation, smoke detectors, and new plumbing, new electrical, and fire sprinklers. All units will undergo an inspection for termites and lead based paint. Once rehabilitated, these properties will be sold to eligible homebuyers for the appraised market value of the property after rehabilitation.

Eligible Homebuyer
Eligible families can earn up to 120% of the area median income (AMI), based on number of persons living in the household. In determining gross household income, all family members over the age of eighteen (18) are considered, as well as other sources of income.

Data Table

Eligible homebuyers must complete the NSP required eight-hour home-buying counseling from a HUD approved agency, contribute a minimum of 50% of the down payment required by the lender, and secure a thirty (30) year, fixed rate, amortizing loan from a lender. The loans may be a FHA or VA loans.

Eligible homebuyers’ housing ratio, also known as front end ratio and defined as total monthly gross income divided by cost of monthly housing expenses (Principal, Interest, Taxes, HOA dues, and Insurances), cannot exceed 31%.

Eligible homebuyers’ debt-to-income ratio, also known as back end ratio and defined as total monthly gross income divided by total monthly recurring expenses (Mortgage payment, car payments, student loans, credit card payments, child support payments, alimony payments, and legal judgments), cannot exceed 43%.

Homebuyer Subsidy
Eligible homebuyers between 120% and 50% AMI, who are participating in this program will receive up to $5000 in closing costs assistance (does not include the appraisal), and a homebuyer subsidy of $20,000.00. For eligible homebuyers below 50% AMI, the homebuyer subsidy will be $40,000.00 and $5,000.00 in closing cost assistance. The homebuyer subsidy is a no-interest forgivable loan as long as the homebuyer remains in the property for fifteen (15) years from the date of closing. If the homebuyer wishes to leave the property before the fifteen (15) year time period has elapsed, the homebuyer must sell the property and the homebuyer subsidy must be returned as outlined in lien documents. Buyers must maintain the property as their primary residence for a period of fifteen (15) years. The homebuyer is under no circumstances allowed to rent the property during the period of affordability.

Properties are sold on a first-come first-served basis.


Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Flash Player Download Flash Player Windows Media Player Download Windows Media Player Microsoft Silverlight Download Microsoft Silverlight Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer