First-Time Homebuyer Programs in Nebraska

Nebraska homebuyers benefit from a strong slate of state programs run by the Nebraska Investment Finance Authority (NIFA), including the Homebuyer Assistance (HBA) Program providing up to 5% of the purchase price (capped at $10,000) as a low-interest second mortgage, the First Home Program for competitive first-mortgage rates, the First Home Targeted Program for buyers in qualifying neighborhoods, and the Welcome Home Program for non-first-time buyers. Nebraska is also part of the Federal Home Loan Bank of Topeka district, which administers the Homeownership Set-aside Program (HSP) offering up to $15,000 in forgivable grant assistance to qualified first-time homebuyers earning at or below 80% of Area Median Income.