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Neighborhood Services

First-Time Homebuyer Program

The program was designed by the City of Henderson to assist low-income families in the purchase of a home.

Information and Requirements:

  • The City of Henderson will assist with a 0% interest deferred loan not to exceed 6% or maximum of $10,000 for down payment and closing costs.
  • Additionally, the program will loan up to a maximum of $20,000 for home repairs.
  • Applicants must have worked and/or resided in Henderson for the past year.
  • Applicants must not have owned a home in the last three years.
  • A Homebuyer Education Program must be attended.
  • Minimum Investment: $1,500 of own funds toward purchase of the home.
  • Proposed properties must be within City of Henderson.
  • No interest charges or monthly payments.
  • Loan must be paid back.

Additional Information:

  • Income must be at or below 80% of the annual median.

 

 

Contact our office at (702) 267-2000 or COHHousing@cityofhenderson.com for more information.