Homeownership Opportunity Program

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About the program

The Homeownership Opportunity Program provides assistance for the purchase of existing or newly constructed single-family homes. The funds are available to assist individuals and families with closing costs and down payment. 

Program is available for homes located in the incorporated cities, towns and unincorporated villages of Butler, Fillmore, Gage, Jefferson, Polk, Saline, Seward, Thayer and York Counties. 

The program allows for a maximum of $15,000 in down payment assistance and/or closing costs. The funds are a deferred loan that does not incur interest and no payments are due during the first five years after purchase. Beginning in year six, the homebuyer will begin to repay the deferred loan with an interest rate of 3% amortized over ten years.

We Serve

First-time homebuyers with household incomes below 100% of the area median income and who have obtained approval from a primary lender for the first mortgage are eligible to apply. Typical applicants are individual adults and young families.

Counties Served

Register for the Homeownership Opportunity Program

402-729-2278Call Now
Email Us

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Need other housing assistance programs?

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Related Programs

Housing Counseling assists individuals and families in becoming mortgage ready through pre-purchase homebuyer education and one-on-one case management. 

The Owner-Occupied Rehabilitation Program provides financial assistance to repair substandard single family homes. The funds are given as conditional grants, deferred loans, or low-interest loans.

The Purchase-Rehab/Lease Purchase Program allows potential homeowners a two-year leasing window to prepare for homeownership while being provided the opportunity to save for a down payment.

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