Did you know you could get down payment assistance in select Hutchinson, Kansas, neighborhoods?
The city has created a program geared to help renters become owners in SW Bricktown, College Grove and Houston Whiteside neighborhoods.
The Down Payment Match Inventive Program will provide Reno County renters with matching funds of 40 percent of down payment and closing costs, or $2,500, whichever is less.
To apply for the matching funds, you must:
- Be a Reno County renter
- Purchase a home in one of teh qualifying neighborhoods (SW Bricktown, College Grove or Houston Whiteside)
- Be a graduate of Interfaith Housing Services Hutchinson Area Homesbuyers Club program
- Resident in the purchased home at least 5 years
- Provide sufficient proof that funds are saved for the remainder of the down payment and closing costs.
Search for homes in qualifying neighborhoods below
So, how do you participate in the Hutchinson Area Homebuyers Club?
To graduate from the Hutchinson Area Homebuyers Club program, you must complete an online eHomeAmerica Homebuyers Education Course and complete one homeownership counseling session.
The eHomeAmerica program, a HUD-approved online housing education course, has a one-time $99 registration fee. Counseling can be done in person or via phone with NeighborWorks America-certified homeownership counselors. Additional credit counseling can be provided at no cost.
Contact Interfaith Housing Services at 620-662-8370, ext. 708, to get more information about fulfilling the requirements of the Down Payment Match program and all its requirements.
You can also read further about the program in a Hutch News article.