Types of Assistance
Trust Funds may be used to provide financing for rehabilitation of
owner-occupied housing and housing and homebuyer down payment
assistance. Household income
must be 60% or less of area median to be eligible for assistance.
Homebuyer Assistance
- Funds must be used to purchase a primary residence, however if you
presently own a home, disposition of title must be concurrent with, or
prior to, close of escrow for the new property. Note: Local
jurisdictions may restrict funding to first-time homebuyers only;
- Property must be owner occupied, property may not be subleased;
- Funding is available only for dwellings which qualify as real property
(i.e., mobile homes must be affixed to a permanent foundation);
- Borrowers must meet the income limit guidelines.
Homeowner Rehabilitation
- Property must be owner occupied;
- Property must meet, at a minimum, the Section 8 Housing Quality
Standards.
Contact Information
For more funding information, please contact the Participating Jurisdiction
in the area of where the proposed project will be located:
Clark County Community Resource
Management
(702) 455-5025
City of
Henderson
(702) 565-2146
City of
Reno
(775) 334-2304
Western Nevada Development
District
(775) 883-7333
(Lyon County, Carson City, Pershing County, Douglas County,
Storey
County, Mineral County, and Churchill County)
Rural Nevada Development Corporation (all other rural
areas)
(775) 289-8519
Request
for Drawdown Form