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Community Ventures CHDO Homeownership Program

Administered by: Community Ventures · Nonprofit · Government Property Sale Program

Funding status: Active

How much assistance

Subsidized home purchase price through renovation and rehabilitation (Government Property Sale Program)

Eligibility

  • Income limits: Income-qualified households (varies by household size and county)
  • First-time buyer required: Yes — First-time homebuyers looking for homes that may need minor rehabilitation
  • Geographic restrictions: Qualifying counties in Central Kentucky including Jessamine County
  • Homebuyer education required: No

How to Apply for Community Ventures CHDO Homeownership Program

Step 1: Contact Community Ventures at (859) 231-0054 or visit their office at 1450 North Broadway, Lexington, KY 40505. CV will work with you to find a suitable home in a qualifying county, purchase and renovate it, then sell it to you with favorable mortgage terms.

Notes

Community Ventures is a CHDO (Community Housing Development Organization) designated by the Kentucky Housing Corporation. They purchase existing homes in qualifying counties, subsidize the cost of renovations and upgrades, and sell them to new homeowners with favorable terms. Jessamine County is a confirmed qualifying county.

Cities Where This Program Is Available