Moving to Las Vegas
Moving to Las Vegas – Top 5 Reasons to Move to Las Vegas
February 10, 2020
Market Update
Las Vegas Real Estate Market Update – February 2020
February 17, 2020

Hope Brings You Home 2020 – Nevada Down Payment Assistance

Hope Brings You Home

Hope Brings You Home Loan Program


I am excited to announce a new loan program for Southern Nevada.

Southern Nevada homebuyers in eligible zip codes can now take advantage of a down payment assistance program that provides a forgivable loan of 10 percent of the purchase price, up to $20,000 toward the purchase of a home.

The Hope Brings You Home is a new down payment assistance (DPA) program available to homebuyers in areas that are still considered distressed from the housing crisis.

The first-come, first-served program will be offered until its $17.9 million in funds has been distributed. A minimum of 1,800 qualified homebuyers will receive down payment and closing cost assistance.

Once approved, the financial assistance comes in the form of a second mortgage with a zero percent interest rate and no monthly payments for a three-year term. The loan is forgiven at the end of the three-year term.

To qualify for the program, a homebuyer must purchase the home to occupy as their primary residence, complete a required homebuyer education course, and meet certain income, debt and credit score requirements.


To Qualify:

  • Income limit: $98,500
  • Purchase price max $400,000
  • Primary Residence only
  • Money can be used for down payment and closing costs
  • No manufactured homes
  • No new construction homes
  • 660 credit score FHA (Federal Housing Administration Loans)
  • 640 all others
  • Borrower(s) may not own any other real property at the time of closing. Real property is considered land and any property directly attached to it.
  • Non-Purchasing Spouse is not permitted under this program. Married individuals must apply jointly.
  • Co-signers and Non-Occupant Co-borrowers are not permitted under this program.
  • Homebuyer Education is required and must be submitted to NHD prior to close
  • You may be required to repay the loan if you sell, refinance, or move out of the home before the end of the three-year term.
  • Eligible Zip Codes: 89030, 89048, 89060, 89101, 89102, 89103, 89104, 89106, 89107, 89108, 89109, 89110, 89115, 89119, 89120, 89121, 89122, 89146, 89156, 89169


The Nevada Housing Division (NHD) and Nevada Affordable Housing Assistance Corp. (NAHAC) are working together to offer the Hope Brings You Home program, which is funded through the U.S. Department of Treasury’s Hardest Hit Fund Program.

The Hope Brings You Home program is meant to stabilize and revitalize neighborhoods that were hardest hit during the recession.

If you are interested in learning more about this program, you can always give me a call at 702-370-5112. I also work closely with a lender who specializes in this downpayment assistance program.


Click HERE to see all the homes for sale under the Hope Brings You Home Program.


Subscribe to our YouTube Channel:


Angela O’Hare, Realtor
The O’Hare Team
Home Realty Center
License #180246
[email protected]