New Foundations DPA expands homeownership access to low-income borrowers

National affordable housing innovator Arrive Home has launched New Foundations DPA, a down payment assistance program designed to accommodate borrowers purchasing manufactured homes. Unlike other DPA programs that exist for manufactured housing, New Foundations DPA accommodates single-wide homes.

The program is available to lenders working with Arrive Home to deliver DPA and other solutions to borrowers seeking an affordable path toward homeownership.

New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. The DPA pairs with a 30-year FHA loan and has a 1% fixed interest rate below the first mortgage. The New Foundations DPA program is not limited to first-time homebuyers and is available in all 50 states with the exception of New York.

“The launch of New Foundations DPA represents a meaningful expansion of our mission to unlock responsible homeownership for more families,” said Shawn King, Executive Vice President of National Sales and a co-founder of Arrive Home. “By extending down payment assistance to borrowers purchasing manufactured homes, we’re addressing a critical affordability gap and giving lenders a powerful new tool to help underserved communities. At Arrive Home, innovation isn’t about novelty—it’s about creating practical, scalable solutions that help aspiring homeowners move closer to the American Dream.”

Thanks to its innovative solutions – including its standard DPA program, New Foundations DPA and its Earned Equity Program – Arrive Home has helped more than 15,000 Americans achieve homeownership in the three-plus years since its inception, expanding its team 20-fold to accommodate demand. It currently works with seven of the top 10 major mortgage lenders in the U.S.

About Arrive Home

Arrive Home is a national affordable housing program in the lending space that works with correspondent lenders to offer down payment assistance and innovative credit solutions for responsible borrowers across communities. Arrive Home is dedicated to increasing homeownership by working with governmental entities, mortgage lenders and nonprofit groups to offer creative and diverse mortgage products that are designed to enable lenders to confidently deliver loans to reliable borrowers. In doing so, Arrive Home aims to increase access to homeownership for credit worthy, low- to moderate-income American families, creating generational change one home at a time.

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“By extending DPA to borrowers purchasing manufactured homes, we’re addressing a critical affordability gap and giving lenders a powerful new tool to help underserved communities." - Shawn King, Arrive Home