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| KCHDC First-Time
Home Buyers Services and Assistance |
KCHDC Down Payment/closing costs for First-Time Homebuyers….
KCHDC provides funding for down payment and closing cost assistance in the amount of a maximum $5,000 loan. The loan is a ten (10) year, zero (0) percent loan with the first five (5) years pay back payments deferred. Pay back begins year six (6) at a maximum $83.33 per month. The program requires that you participate in the
REACH Homebuyer Education
class, have $500 of your own money to apply to the purchase of your
hom e, and the buyer must be able to qualify for a home loan through an approved lender. This program requires that the homebuyers income fall within the income guidelines, the home pass Section 8
Quality Inspection Standards, and is the principal residence of the owner.
Homes must be located in Keith County.
** Funds subject to availability.
FHL Bank of Topeka Down Payment/closing costs for First-Time Homebuyers...
FHLBank of Topeka provides through KCHDC and the Nebraska Housing Developers Association First Down Nebraska IV loans. This is a five (5) year maximum $4,000 forgivable loan, forgiven 1/60th per month over five (5) years. The buyer is required to participate in the
REACH Homebuyer Education class as well as obtain credit counseling from their lender or appropriate credit counseling source. This program requires the homebuyers income fall within income guidelines (60% of AMI), that the home pass Section 8 Quality Inspection Standards, and be the principal residence of the owner.
**Funds subject to availability, special requirements may apply.
Click here
for program application
details. Program
Application Form
Contact KCHDC at 308-284-6077 or through our online
form. The administrative offices are located at 201 East 2nd Street, second floor Suite C in
Ogallala, Nebraska. Office hours are Monday through Friday between the hours of
8:00 am and 5:00 pm.
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