AllThrive 365 Casa del Sol Subdivision in Wickenburg Providing Financial Assistance for First-Time Homebuyers

PHOENIX, Ariz. (April 28, 2025) – AllThrive 365, formerly Foundation for Senior Living (FSL) is pleased to announce they are now accepting applications for their new affordable housing community in Wickenburg.  The development is called Casa del Sol and will consist of 16 lots, averaging 5,450 square feet. Applications need to be submitted by June 2, 2025. 

“Buying a home in today’s competitive real estate market can be challenging,” said Steve Hastings, chief of real estate for AllThrive 365. “We are here to help with an affordable path to homeownership through down payment and closing cost assistance.”

Casa del Sol will offer three different single-story floor plans. The smallest plan is 1,236 sq. ft. and includes 3 bedrooms, 2 bathrooms, and a 1-car garage. The largest plan is 1,607 sq. ft. and includes 5 bedrooms, 2 bathrooms, and a 2-car garage.

Sales prices will be based upon appraised value. The project is considered affordable because income-qualified households who purchase AllThrive 365 homes in Casa del Sol may receive between $80,000 - $140,000 in homebuyer assistance. This assistance is used toward down payment and closing costs to reduce the first mortgage amount and produce a monthly payment not exceeding 30% of the household income. Additional homebuyer assistance may be available by "layering" additional grant and loan programs. The availability of additional assistance will vary depending upon the lender (buyer's choice) and the buyer's household income.

Homebuyer assistance, often referred to as Down Payment Assistance (DPA), is a soft 2nd (often 3rd and 4th) loan against the property. In addition to the first mortgage buyers will take out to purchase the home, buyers will have a 2nd loan that can be used at the time of purchase to subsidize the down payment. Some buyers may qualify for a 3rd (and possibly 4th) loan. While all buyers will have a monthly house payment based on the terms of their first mortgage, the 2nd loan is 0% interest, with $0 due each month. The 2nd loan is fully forgivable after 10 years, provided the buyer remains in the home and meets all program requirements.

Interested buyers should visit www.allthrive365.org/casadelsol for more information.

About AllThrive 365

Formerly known as the Foundation for Senior Living, AllThrive 365 is a nonprofit organization that has been serving Arizona since 1974. They are dedicated to helping individuals and their caregivers age safely, independently, and with peace of mind. Through a holistic approach that includes affordable housing, adult day health, and wellness programs, AllThrive 365 ensures that all in the community can age with confidence. To learn more, visit: www.allthrive365.org.   

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