First-Time Homebuyer Program

City of Henderson
City of Henderson
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Published 2023-06-12
The program was designed by the City of Henderson to assist low-income families in the purchase of a home.\r
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Information and Requirements: \r
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•City of Henderson will assist with a 0% interest deferred loan not to exceed 6% for down payment and closing costs.\r
•Loans up to 3.5% in closing costs and includes extra financing for home repairs.\r
•Applicants must have worked and/or resided in Henderson for the past year.\r
•Applicants must not have owned a home in the last three years.\r
•A Homebuyer Education Program must be attended. \r
•Minimum Investment: $1,500 of own funds toward purchase of the home.\r
•Proposed properties must be within City of Henderson.\r
•No interest charges or monthly payments. \r
•Loan must be paid back.