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CAPMN First-Time Homebuyer Down Payment Assistance

Administered by:

Community Action Partnership of Mid-Nebraska
· Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Up to $7,500

Secured by a 0% interest second mortgage, forgiven on a prorated basis over a 5-year affordability period at 20% per year.

Eligibility

  • Income limits:
    Low-to-moderate income (LMI) households
  • First-time buyer required: Yes —
    Has not owned a home in the past three years.
  • Geographic restrictions:
    Buffalo and Dawson Counties, Nebraska. Maximum purchase price is $145,000 for existing homes and $255,000 for new construction. Mobile homes are not eligible.
  • Homebuyer education required: Yes

How to Apply for CAPMN First-Time Homebuyer Down Payment Assistance

Step 1: Contact Jackie Harpst at (308) 865-5675 or jharpst@mnca.net to confirm eligibility and start an application. Complete an approved homebuyer education course (CAPMN offers eHomeAmerica online classes). Property must meet Nebraska DED standards.

Notes

Funded through a Nebraska Department of Economic Development grant. Verify current funding availability with CAPMN before starting an application.

Cities Where This Program Is Available