Eligibility: Open to first-time (no homeownership in past 3 years) and repeat buyers statewide.
Benefits: Up to $10,000 as a repayable second loan (3.75% interest, 10-year term). More about DAP.
Description: Up to $7,500 as a lower-rate (1%) repayable second loan over 10 years for buyers ≤ 80% AMI; need KHC first mortgage.
Benefits: One-time, non-repayable $2,000 grant for the first 500 KHC homebuyers in 2025. Grant details.
HOME/AHTF Subsidies: Up to $40,000 (or more with waiver requests) in forgivable homebuyer assistance through developer-funded programs. Developer policy manual.Kentucky Housing Corporation (KHC) Programs:
Conventional Preferred Program:
Offerings: 30‑year fixed conventional mortgage with 3% down, reduced-rate mortgage insurance; enroll in KHC DAP.
Requirements:
Regular Down Payment Assistance Program (DAP):
Affordable DAP:
Closing Cost Grant (2025 Limited Availability):
Local & Developer Assistance:
Development Subsidy Programs
Additional Information:
View First‑Time Home Buyer Programs for: Kansas
View First‑Time Home Buyer Programs for: Louisiana