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NENEDD Direct Homebuyer Assistance Program

Administered by:

Northeast Nebraska Economic Development District (NENEDD)
· Nonprofit · Deferred Loan

Funding status: Active

How much assistance

Up to $30,000 or 20% of project cost (whichever is less)

0% interest deferred loan. Repayment of the full balance is due and payable upon transfer of the title — no monthly payments during the deferral period.

Eligibility

  • Income limits:
    Eligibility determined by family size and household income; varies by county. Funded by Nebraska Affordable Housing Trust Funds.
  • First-time buyer required: No
  • Geographic restrictions:
    Available in NENEDD's service area, which includes Hall County (Grand Island) and other counties in northeast and central Nebraska.
  • Homebuyer education required: Yes

How to Apply for NENEDD Direct Homebuyer Assistance Program

Step 1: Contact NENEDD staff for a Direct Homebuyer Assistance application or download the pre-application from nenedd.org. Applicants must provide $1,000 of their own money toward closing fees and prepaid escrow accounts.

Notes

Funded through Nebraska Affordable Housing Trust Funds. Funding availability varies by allocation cycle; verify current availability before applying.

Cities Where This Program Is Available