The Arizona Department of Housing received $20 million from Washington and is using that money to help people buy foreclosed homes.

You can get a loan for up to 22% of the value of the home and if you live there for a certain period of time you will never have to pay that money back.

There are a few requirements. For instance a family of four in Maricopa can't make more than $79,000 a year. You must make a down payment of at least 3% on the home, 1% coming directly from the borrower's own pocket. And you must also take an eight hour course on home ownership.

For a list of lenders who carry this program or for more information on the requirements go to www.YourWayHomeAZ.com or contact me for assistance.