Forgiveable Housing Down Payment Loans | Neighborhood Foundations
Provides up to $20,000 in down payment assistance to qualifying households wishing to purchase a home available under the Newport Homeownership Development Housing Project. Assistance is provided as a forgiveable loan.
Categories
Data provided by
211 UWGC
Physical Address
30 East Eighth Street, Newport, KY 41071-0459
Hours
Monday - Friday, 8:00am - 4:30pm
Voice
Fax
(859) 581-9009
Voice
Application process
Contact by phone or email for additional information about application procedures. Applications are processed in the order received and qualified applicants are selected on a first come, first served basis.
Fee
Home purchase prices vary.
Eligibility
Applicants must: -Be able to secure their own first mortgage financing -Have been employed for at least the past 12 months -Have favorable criminal history -Have a household income at least 40% of the Area Median Income and up to or less than 80% of the Area Median Income -Successfully complete Homebuyer Education training
Service area
Grant County, Kentucky Boone County, Kentucky Campbell County, Kentucky Kenton County, Kentucky
Agency info
Neighborhood Foundations
Public housing authority (PHA) in Newport, Kentucky focused on providing and developing affordable housing opportunities for individuals and families.