State of Nevada


             NEVADA HOUSING DIVISION         "Serving Nevadans' Housing Needs For Over 25 Years"

Seal of Nevada
   

                                                     

 

Homeowner Rehabilitation and Down Payment Assistance

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

  1. 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;
  2. Property must be owner occupied, property may not be subleased;
  3. Funding is available only for dwellings which qualify as real property (i.e., mobile homes must be affixed to a permanent foundation);
  4. Borrowers must meet the income limit guidelines.

Homeowner Rehabilitation

  1. Property must be owner occupied;
  2. 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


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This page is Bobby Approved
Federal Rehabilitation Act (Section 508)
Last Updated: 09/28/11 03:08:00 PM