HOUSING SERVICES | URBAN DEVELOPMENT
Direct/Deferred Payment Loan provides assistance for low and moderate-income homeowners located in low/moderate income areas. Provides direct loans at 0% interest with moderate monthly payments. If unable to get a direct loan, deferred payment loans are available at 0% interest with monthly payments deferred for two years.
Emergency Repair Loan is a 0% interest deferred payment loan, with no payments as long as the borrower keeps ownership of and lives on the property, for emergency repairs (replacement of furnaces, water heaters, dangerous wiring, etc.) to very low income home-owners citywide. Income cannot exceed 50% of Lincoln median income.
First Home Program provides assistance for low and moderate income first-time home buyers citywide who have not owned a home for 3 years. Some exceptions may apply. Must complete Home buyer Training offered by NeighborWorks Lincoln. Deferred loan assistance is available for gap financing and housing rehabilitation. Annual income cannot exceed 80% of Lincoln median income.
Location
555 South 10th Street, Lincoln, NE 68508
Voice
Voice
Fax
(402) 441-8711
Hours
Mon 8 am - 4:30 pm; Tue 8 am - 4:30 pm; Wed 8 am - 4:30 pm; Thu 8 am - 4:30 pm; Fri 8 am - 4:30 pm;
Application process
Must submit application for approval
Required documents
Eligibility
Varies according to program; call for information
Fee
None
Languages
English, Spanish
Agency info
URBAN DEVELOPMENT
Affordable housing options for lower-income individuals using home improvement loans and a first-time homebuyer program.