Program Guidelines

Our Education Program is for people who seek more knowledge about the home buying process. Our team of instructors show you the steps involved in obtaining your home loan, choosing a Realtor, the paperwork involved and the professionals involved in the transaction. Budgets are made. The importance of positive credit is reviewed and clients  pre-qualify themselves for the price range of home they can afford. Upon completion of the education classes, clients are eligible for a down payment assistance loan to help with the down payment, closing costs and rehab on the home they choose. These loans are 0% interest and have no payments and depending where the home is located, these loans can be fully or half forgiven over the first 5 years of home ownership.

There are 2 focus areas in Lincoln where assistance funding may be greater than in the city as a whole. The Low to Moderate Income Area (LMI) is derived by the Census Bureau and is based on median income levels. The Neighborhood Revitalization Strategy Area (NRSA) is derived by the City of Lincoln based on the desire for additional single-family housing.

The maximum purchase price for an existing home with our program is $141,360.   (as of 5/1/2016)

The following Household Income Limits must be used for eligibility:

Size of Household

1
2
3
4
5
6
7
8

Maximum Income

$39,450
$45,050
$50,700
$56,300
$60,850
$65,350
$69,850
$75,0004,350C][3C]
These figures are subject to change. Current as of 5/1/2016

Opening Doors in Our Community

NeighborWorks Lincoln is a non-profit organization dedicated to community revitalization through an active partnership of resident leaders, private businesses and public officials. We open doors for people to achieve their dreams of home ownership and for others who desire a safe and attractive neighborhood.

I love NeighborWorks! I love my NW clients and I love telling people who do not know about NeighborWorks what it is. We are lucky to have NW in Lincoln.

– Johanna Rhoads, Lincoln Realtor
NeighborWorks Lincoln

NeighborWorks Lincoln