Our Affordable Housing Program serves residents of Douglas
and Sarpy counties, Nebraska, with an emphasis on low to moderate income
families, minorities, and women.
Get up to $50,000 to use toward the purchase of homes that
we build. Incentives are based on your income and family size. With all income
producers in your household, you must make less than the amount listed for the
appropriate family size:
Your total is: $
|
Family Size
|
Maximum Gross Family Income
|
|
1
|
$39,150
|
|
2
|
$44,700
|
|
3
|
$50,300
|
|
4
|
$55,900
|
|
5
|
$60,350
|
|
6
|
$64,850
|
Pre-qualification Criteria
All participants must meet other criteria for
pre-qualification:
·
Complete the Homebuyer Education Course through
Family Housing Advisory Services or Consumer Credit Counseling Services.
·
Meet credit requirements including having no tax
liens, judgments, outstanding collections, and/or child support or alimony in
arrears.
·
If the participant has filed bankruptcy, it must
be at least 2 years from the date of discharge.
·
Meet affordability standards. Participants
cannot exceed 33% Housing to Income Ratio and 42% Debt to Income Ratio. This
means that your principal, interest, taxes and insurance payment cannot exceed
33% of your total gross monthly income nor can that housing expense plus any debts
exceed more than 42% of that gross monthly income.
Apply for Homeownership
Program
Download
Homebuyer Letter
Download
Preliminary Application
Homeownership Education
NeighborWorks Omaha
applauds the latest decision by Congress and the Obama Administration to renew
the homebuyer tax credit. We urge homebuyers to seek homeownership education.
We feel this education plays a significant role in determining whether or not
homeownership is suitable at this time.
If you would like
to take advantage of the extension, register for homebuyer education classes through
either Family Housing
Advisory Services (1-888-573-0495) or Consumer Credit Counseling Services
(1-877-494-2227) and let
us help you put the pieces together.
Contact
For further information about our Affordable Housing
Program, contact:
|
|
Gloria Kellum
Housing Director
402.451.2939 ext. 1001
Email
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