Hey Nevada essential workers, we've got some exciting news! The Nevada Housing Division just rolled out the Worker Advantage Program, a Down Payment Assistance (DPA) initiative that can give your homeownership dreams a serious boost. And yes, we're talking $20,000 to help you get there!
Program Benefits
- $20,000 in Down Payment Assistance for eligible homebuyers
- Use the funds toward your down payment or to buy down your interest rate (any remaining funds may be applied to the down payment and/or closing costs)
- No interest, no payments, non-forgivable 30-year second mortgage
- No first-time homebuyer requirement
Eligibility Requirements
- Must be employed in an Essential Worker profession (healthcare, education, public safety, construction, and more)
- If there are multiple borrowers, only one must meet the essential worker requirement
- Must be a Nevada resident for at least 6 months
- All borrowers must complete a homebuyer education course prior to closing
- Household income up to 150% of Area Median Income (limits vary by county)
- Maximum home price of $832,750
- Must not have previously used a Home Is Possible program
- Home must be occupied as your primary residence
Don't Wait—Act Fast!
Wondering if you qualify? One Nevada is here to guide you through the process from start to keys-in-hand. Call us at 702-382-4094 and let's see if the Worker Advantage Program can help you snag your new home. Funds are limited and distributed on a first-come, first-served basis so don't delay.