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Get Matched Free →NeighborWorks Lincoln Homeownership Program
Funding status: Active
How much assistance
5% of purchase price plus closing costs
Interest-free, payment-deferred loan. Payment due upon sale of property or if buyer no longer occupies as primary residence. Special incentives including loan forgiveness available in targeted geographic areas of Lincoln.
Eligibility
- Income limits: Targets low-to-moderate income borrowers; specific limits set by NeighborWorks Lincoln based on HUD income guidelines for Lancaster County.
- First-time buyer required: Yes — Has not owned a home in the past 3 years. Some exceptions apply; contact NeighborWorks Lincoln for details.
- Geographic restrictions: Property must be located within Lincoln city limits. Special incentives, including loan forgiveness, available in specific targeted geographic areas.
- Homebuyer education required: Yes
How to Apply for NeighborWorks Lincoln Homeownership Program
Contact NeighborWorks Lincoln at 402-477-7181. Applicants must have at least $1,000 of their own money (must be buyer's funds, not a gift) and continuous job history for the past 2 years. Must complete the four-class HUD-approved homebuyer education series before approval. Must occupy the property as primary residence.
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