$10,000 Downpayment assistance available for first-time home buyers

FREE GRANT MONEY AVAILABLE through Kentucky Housing Corporation.  KHC is proud to announce a new round of Hardest Hit Fund (HHF) Downpayment Assistance Program (DAP), a total of $5 million will be available for new reservations beginning today, Tuesday, January 9, 2018. The HHF DAP will be available on a first-come, first served basis, based on the completion of the first mortgage and HHF DAP Reservations.  Please contact The Oatley Team TODAY for more information on eligibility.

HHF DAP Program Guidelines:

  • $10,000, zero-percent interest, a forgivable second mortgage loan with a five-year term.
  • Property must be located in one of the four counties: Christian, Hardin, Jefferson, & Kenton
  • No New-Construction properties allowed. The property has to have been previously occupied.
  • Secondary Market Purchase Price and Income Limits apply.
  • The borrower must be a first-time home buyer (no ownership interest in the last three years).
  • Most recent three-year federal tax returns or tax transcripts required.

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