Kansas counties offer $12,500 to help home buyers

CLAY COUNTY (KSNT) - Two Kansas counties are offering first-time home buyers a big discount in a new pilot program.

The North Central Regional Planning Commission (NCRPC) announced on its website that Clay and Marshall Counties will be taking part in a new home ownership pilot program. This is expected to launch on May 13, 2024. The program is available due to a partnership between the NCPRC and Four Rivers Housing Opportunities.

The local community organization Grow Clay County said in a recent social media post that the program will offer home buyers up to $12,500 in down payment and closing cost assistance. Other incentives of the program include a combination of a fixed rate 3% down payment assistance loan of $10,000 and a closing cost grant of $2,500 when buying a home with a value of $50,000 or more in Clay or Marshall Counties.

“Home ownership can be a tough goal to achieve,” said Keegan Bailey, NCRPC Housing Director. “We hope the Clay County Home Ownership Program can be a tool to help make home buying a reality for individuals and families.”

Homes eligible for the program include existing ones with planned/financed upgrades of $50,000 or more, manufactured homes or new construction, according to Grow Clay County. People can apply to this first-come, first-serve program until funds are used up or after the program ends on Dec. 31, 2024.

Four Rivers Housing Opportunities, Inc. is a non-profit managed by the NCRPC. Other program donors include First Commerce Bank, First Heritage Bank, Citizens State Bank of Marysville and more. You can learn more about the program by clicking here.

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