Contact Us
Consolidated Plan
Analysis of Fair Housing
Frequently Asked Questions
Downpayment Assistance
Housing Development
Housing Rehab
Block Grants
Homeless Programs
HMIS
Loan Inquiry
Links
NSP Homebuyer Assistance Program
Steps to Take
Buyer Qualifications
Property Requirements
Questions? Contact Us
Realtor's Toolkit
Lender's Toolkit
NSP Homebuyer Assistance Program*
Qualified middle-income homebuyers can access up to $50,000 for down-payment, closing costs, repairs and improvements through the Neighborhood Stabilization Program (NSP), a program of the federal Housing and Economic Recovery Act of 2008. This program is for foreclosed (REO) single family dwellings only. REO or "Real Estate Owned" is a class of property owned by a lender, typically a bank, after an unsuccessful sale at a foreclosure auction.
IMPORTANT: Funding is limited and is available on a first-come, first-served basis (completed applications with accepted sales agreement are processed in the order received)!
NSP loans are 0% interest with no monthly payments. (Loans are due upon sale.) There are specific eligibility criteria for both the homebuyer and the property. NSP funds are for owner-occupants, not investors.
We invite you to download a flyer with details, and visit these links to learn more about:
*Program availability, eligibility and guidelines are subject to change without notice.
