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Homebuyer Programs in Kenosha, WI (2026)

Population: 99,000 | Median home price: $285,000 | Est. closing costs: $5,500 - $8,500

Last updated April 9, 2026

Skyline of Kenosha, WI

Kenosha is Wisconsin's fourth-largest city, located on Lake Michigan between Milwaukee and Chicago, with a median home price of around $285,000. First-time buyers in Kenosha can access the HCRI Down Payment Grant offering up to $10,000 and the City of Kenosha HOME Down Payment Assistance providing a deferred second mortgage of up to 17% of the purchase price. The Kenosha County Homestead Opportunity Loan Program covers up to 50% of the down payment for homes outside city limits. At the state level, WHEDA's Capital Access DPA provides up to $7,500 as a deferred zero-interest loan, the Easy Close DPA offers up to 6% of the purchase price, and the Tax Advantage Mortgage Credit Certificate saves buyers up to $2,000 per year in federal taxes. By combining city, county, state, and federal programs, eligible Kenosha buyers could access substantial assistance toward homeownership.

City Programs in Kenosha

City of Kenosha HOME Down Payment Assistance
Type:
Deferred Loan
Amount:
Up to 17% of purchase price (deferred second mortgage)
First-time only:
Yes
Kenosha HCRI Down Payment Grant
Type:
Grant
Amount:
Up to $10,000
First-time only:
Yes

County Programs in Kenosha County

Kenosha County Homestead Opportunity Loan Program
Type:
Deferred Loan
Amount:
Up to 50% of down payment (maximum 10% of purchase price)
First-time only:
No

State Programs in Wisconsin

WHEDA Advantage Conventional Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (as low as 3% down)
First-time only:
Yes
WHEDA Advantage FHA Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (3.5% down)
First-time only:
Yes
WHEDA Capital Access DPA
Type:
Deferred Loan
Amount:
Up to $7,500 (between $3,050 and 3% of purchase price)
First-time only:
Yes
WHEDA Easy Close DPA
Type:
Repayable Loan
Amount:
Up to 6% of purchase price
First-time only:
Yes
WHEDA Tax Advantage (Mortgage Credit Certificate)
Type:
Tax Credit
Amount:
Up to $2,000 per year in federal tax credits
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Downpayment Plus Program (FHLBank Chicago)
Type:
Grant
Amount:
Up to $6,000 (3:1 match of buyer contribution, max $6,000)
First-time only:
No
Habitat for Humanity of Kenosha Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home with zero-interest mortgage
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. Most Kenosha programs require gross household income below 80% of the Kenosha County median income. WHEDA programs have separate county-based limits.

Step 2:

Complete homebuyer education. The HCRI Grant requires 8 hours of homebuyer education, and the HOME program requires HUD-certified counseling. Contact the Kenosha Housing Authority's certified counselor Cyndi Zarletti-Lee at (262) 697-4641 to enroll.

Step 3:

Save for your required contribution. The HCRI Grant requires $500 to $1,000 of personal funds. The HOME program requires a minimum 3% down payment. The Homestead Opportunity Loan requires you to cover at least 50% of the down payment from your own funds.

Step 4:

Get pre-approved for a mortgage. Work with a WHEDA-approved lender to explore WHEDA Advantage Conventional or FHA loans, which can be paired with state DPA programs. You'll need a fixed-rate mortgage covering at least 80% of the purchase price for the HOME program.

Step 5:

Apply for down payment assistance. Submit your HCRI application with 30 days of income and asset verification to the Kenosha Housing Authority. For the HOME program, contact the City of Kenosha Community Development office.

Step 6:

Find a home and get an inspection. The HCRI Grant requires a professional home inspection. Work with a real estate agent to find a home within Kenosha County.

Step 7:

Close on your home. Your lender and the Kenosha Housing Authority will coordinate all DPA funds at closing. The HCRI Grant requires you to maintain ownership and primary residence for at least 5 years.

Frequently Asked Questions

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