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Archive for the ‘Down payment Assistance and Grants’ Category

No Down Payment Product for Rural Buyers – USDA Loans

Kentucky First Time Home Buyer Grants and Loan Programs

Kentucky First Time Home Buyer Grants and Loan Programs

Kentucky first time home buyer grants and loan programs – The Kentucky Housing Corporation (KHC) offers programs for first time home buyers.

The KHC offers home ownership education classes as well as low interest rate, 30 year home loans/mortgages through participating lenders. Many of the programs are offered to and non-first time buyers as well.

The KHC also offers downpayment and closing cost assistance to qualified buyers. The closing costs assistance ranges from $4,500 to $10,000, depending on the qualifications of the buyer(s).

To qualify for these programs, the KHC has buyer income limits as well as limits to the purchase price of the home.

Check out the KHC website to obtain more information about these programs.

KENTUCKY HOUSING CORPORATION

Down-payment Assistance Programs Louisville and Kentucky

Down-payment Assistance Programs Louisville and Kentucky

  C = Conventional
F = FHA V = VA
R = RD
Eligible 1st MTG. LOAN TYPES State DAP Maximum Assistance Amount Contact Phone #
PROGRAM NAME
DKYCOVCRD Covington Arts District CARD Homeowner Loan Program (CARD) C F V KY $6,000 Archie Ice (859) 292-2188
DKYCOVHAP Covington Homebuyer Assistance Program (HAP) C F KY $10,000 Vickie Wilkins (859) 292-2188
DKYJCADDI Jefferson County Homeownership Assistance Program American Dream Downpayment Initiative (ADDI) C F V KY $10,000 Kathy Vincent (502) 574-3094
DKYJCMGCC Jefferson County Louisville / Jefferson County Metro Government Metro Wide Down Payment Assistance Program (DPA) Closing Cost Assistance C F V KY $2,000 Kathy Vincent (502) 574-3107
DKYJCMGMW Jefferson County Louisville / Jefferson County Metro Government Metro Wide Down Payment Assistance Program (DPA) Down Payment Assistance C F V KY $10,000 Kathy Vincent (502) 574-3107
DKYLSVNRP Louisville Park DuValle Neighborhood Revitalization Downpayment Assistance Program (DAP) C F KY $16,800 Steve Ward (502) 574-4313
DKYNKHCHP Multi Cities Northern KY HOME Consortium C F KY $10,000 John Hammons (859) 292-2188
DKYCWIDAP Multi Counties The Center For Women and Families, Inc. Common Wealth Individual Development Account Program (CWIDA) C F V R KY $4,100 Lynnie Meyer (502) 581-7200
DKYHANNPT New Port Housing Authority HOPE VI Liberty Row 1 Second Mortgage Program (HOPE VI) C KY $115,000 Candy McDine (859) 581-2533
DKYNWPCIP Newport Community Investment Partnership Program (CIPP) C F KY $15,000 Candy McDine (859) 581-2533
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