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.

Data provided by

211 UWGC

Physical Address

30 East Eighth Street, Newport, KY 41071-0459

Hours

Monday - Friday, 8:00am - 4:30pm

Fax

(859) 581-9009

Voice

(859) 581-2533

Voice

(859) 581-3181

Website

https://www.neighborhoodfoundations.com/

[email protected]

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

Agency info

NEIGHBORHOOD FOUNDATIONS

Public housing authority (PHA) in Newport, Kentucky focused on providing and developing affordable housing opportunities for individuals and families.