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By Tyler Thompson · Licensed Real Estate Agent · Updated May 6, 2026

Homebuyer Programs in Garden City, KS (2026)

Population: 27,819 | Median home price: $245,000 | Est. closing costs: $5,000 - $7,500

Skyline of Garden City, KS

Garden City sits in southwest Kansas as the seat of Finney County, anchored by agriculture, beef processing, and the Garden City Community College. The median home price in Garden City is approximately $245,000, and while the city itself does not currently fund a direct down payment assistance program for buyers, eligible first-time homebuyers can combine substantial help from state and nonprofit sources. The KHRC First-Time Homebuyer Program offers a 0% interest forgivable second mortgage of 15-20% of the purchase price (up to $40,000) that is forgiven after 10 years of owner-occupancy, and the Kansas Housing Assistance Program (KHAP) layers on up to 4% in cash assistance. Habitat for Humanity of Finney and Ford Counties provides 0% interest affordable mortgages to qualified families through sweat-equity participation. Garden City's rural setting also makes USDA Section 502 Direct and Guaranteed loans particularly relevant — the Direct program offers 100% financing with subsidized interest rates as low as 1% for income-eligible borrowers. Combined with FHA and VA loans and the Kansas First-Time Home Buyer Savings Account tax deduction, Garden City buyers can put homeownership within reach.

State Programs in Kansas

Kansas First-Time Home Buyer Savings Account
Type:
Tax Credit
Amount:
State income tax deduction up to $3,000 individual / $6,000 joint per year (lifetime cap $24,000 / $48,000)
First-time only:
Yes
Kansas Housing Assistance Program (KHAP)
Type:
Grant
Amount:
Up to 4% cash assistance (3% option for buyers with 640-659 credit scores)
First-time only:
Yes
KHRC First-Time Homebuyer Program
Type:
Forgivable Loan
Amount:
15-20% of purchase price (up to $40,000)
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Habitat for Humanity of Finney and Ford Counties
Type:
Zero-Interest Loan
Amount:
Affordable mortgage with monthly payments capped at no more than 30% of gross monthly income (sweat-equity required)
First-time only:
No

How to Apply

Step 1:

Check your eligibility. The KHRC First-Time Homebuyer Program is open to Finney County households at or below 80% area median income. KHAP and USDA Section 502 programs have their own income limits — USDA in particular targets very-low- and low-income rural buyers.

Step 2:

Complete homebuyer education. Most assistance programs require a HUD-approved homebuyer education certificate. South Central Kansas Economic Development District (SCKEDD) and other regional HUD-approved counseling providers cover Finney County.

Step 3:

Contact a local housing partner. Habitat for Humanity of Finney and Ford Counties can be reached at (620) 227-5040 for affordable homeownership opportunities. Catholic Charities of Southwest Kansas (Garden City office) provides homelessness-prevention support and can refer buyers to relevant resources.

Step 4:

Get pre-approved for a mortgage. Use the KHRC participating lender search to find a Garden City-area lender that originates the KHRC First-Time Homebuyer second mortgage and KHAP cash assistance. For USDA Section 502 Direct loans, contact the USDA Rural Development servicing office at 1-800-414-1226.

Step 5:

Find a home within program limits. The KHRC program has Finney County-specific purchase price limits updated annually (often around $209,000 in most Kansas counties); confirm with your lender. Garden City's median home price of about $245,000 may push some buyers toward smaller homes or modest neighborhoods to fit program caps.

Step 6:

Submit your application. State assistance is funded year-round but reserved on a first-come, first-served basis. USDA Section 502 Direct loans run on annual funding allocations.

Frequently Asked Questions

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