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NeighborWorks Home Solutions Infill Homebuyer New Construction Program

Administered by: NeighborWorks Home Solutions · Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Up to $30,000 (Forgivable Loan)

Forgiveness terms set at closing; verify with NeighborWorks Home Solutions for current schedule.

Eligibility

  • Income limits: Annual gross household income at or below 80% of Area Median Income (HUD guidelines).
  • First-time buyer required: No
  • Geographic restrictions: Homes must be in NeighborWorks Home Solutions infill construction projects within Council Bluffs or Omaha service area.
  • Homebuyer education required: Yes

How to Apply for NeighborWorks Home Solutions Infill Homebuyer New Construction Program

Step 1: Contact NeighborWorks Home Solutions through their Council Bluffs office. Buyers must invest at least $1,000 of their own funds, obtain a first mortgage from a lender of their choice, and complete homebuyer education. Program is run in partnership with the City of Council Bluffs Community Development Department.

Notes

NeighborWorks Home Solutions has helped over 120 families purchase single-family homes through this program, deploying more than $2 million in assistance. Works closely with the City of Council Bluffs CDBG program.

Cities Where This Program Is Available