Positively Las Vegas

Actions

If you are willing to buy in a specific zip code, you could get money to buy a house

Posted at 9:58 AM, Feb 11, 2020
and last updated 2020-02-11 16:01:05-05

Almost $18 million is available for families to buy homes in certain zip codes in the Las Vegas valley.

The zip codes are the ones that were the hardest hit during the housing crisis.

RELATED: Median home prices in Las Vegas expected to break pre-recession record in 2020

Eligible homeowners may receive up to $20,000 toward a down payment on a single-family home, condominium, or townhome.

RELATED: Las Vegas housing market seen dramatic changes during decade, report says

To qualify, borrowers cannot have an annual income greater than $98,500, cannot own another property, and must complete a homebuyer education course. The purchase price of the property may not exceed $400,000.

Nevadans interested in participating in the program should contact the Nevada Affordable Housing Assistance Corporation at (888) 320-6526 or visit HOMEISPOSSIBLENV.ORG.