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Federal Home Loan Bank's Middle-Income Downpayment Assistance Grant program

By: / 24 May 2024

At One Nevada, we're always looking for more ways to help Members. That's why we're helping our members and local homebuyers apply for the Federal Home Loan Bank's Middle-Income Downpayment Assistance Grant program.

Eligible homebuyers who contribute a minimum of $10,000 toward their downpayment may qualify for a grant of up to $50,000 that can be used for downpayment and closing costs.

Eligibility

  • Be a first-time buyer or have not owned a home in the past three years
  • Meet income requirements, which vary depending on location
  • Must complete a homebuyer education course

Are you eligible? Please contact us at 702-382-4094 so we can help you apply today. Funds are limited and distributed on a first-come, first-served basis. The sooner you take action, the better your chances will be, as these federal funds often run out quickly.

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