Our Affordable Housing Program serves residents of Douglas and Sarpy counties, Nebraska, with an emphasis on low to moderate income families, minorities, and women.

 

Get up to $50,000 to use toward the purchase of homes that we build. Incentives are based on your income and family size. With all income producers in your household, you must make less than the amount listed for the appropriate family size:

 

Your total is: $ 

  

 

Pre-qualification criteria

All participants must meet other criteria for pre-qualification:

 

·   Complete the Homebuyer Education Course through Family Housing Advisory Services.

 

·   Meet credit requirements including having no tax liens, judgments, outstanding collections, and/or child support or alimony in arrears.

 

·   If the participant has filed bankruptcy, it must be at least 2 years from the date of discharge.

 

·   Meet affordability standards. Participants cannot exceed 33% Housing to Income Ratio and 42% Debt to Income Ratio. This means that your principal, interest, taxes and insurance payment cannot exceed 33% of your total gross monthly income nor can that housing expense plus any debts exceed more than 42% of that gross monthly income.

 

 

For further information about our Affordable Housing Program, contact Felecia Howard or Gloria Kellum at 402-451-2939.