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Purchase-Rehab/Lease-Purchase | Blue Valley Community Action Partnership

620 5th Street, Fairbury, NE 68352

Eligibility

Open to individuals and families whose household incomes are below 120% of the area median income wishing to own a home but are unable to qualify for a first mortgage

Required documents

Varies by service

(402) 729-2278
Voice·

Main Phone

Application process

Call for information

Fees

Varies by service

Service area

Fairbury, NE

Provides potential homeowners a two-year leasing window to prepare for homeownership while being provided the opportunity to save for a down payment.  The approved participant will select a home that is for sale.  The Community Action Partnership will purchase the home, provides housing rehabilitation and leases it to the participant.  During the lease period (maximum two years) the participant is enrolled in the Housing Counseling Program to assist them in becoming mortgage ready, with the intent to sell the home to the participant within a two-year period.

Last assured

02/26/2026

Providing organization

Blue Valley Community Action Partnership

Provides services, which vary by county, to low-income residents.