1 of 21 photos Las VegasNV For Sale $535,0005 Beds / 4 Baths
Lovely home in the heart of Summerlin''s Amber Hill community. dramatic open floor plan with living room/family room/dining room/ kitchen combination. Balcony off living room overlooking pool area...
1 of 18 photos Las VegasNV For Sale $348,5004 Beds / 3 Baths
This is a beautiful single story in the heart of Summerlin! Circular driveway welcomes you to a gated courtyard entry! Four bedrooms with a formal living and dining room...
1 of 14 photos Las VegasNV For Sale $325,0002 Beds / 2 Baths
GORGEOUS, single story home in Summerlin! Upgrades throughout including polished Travertine floors, Maple cabinets, designer fixtures, custom builtin cabinets...
1 of 4 photos LAS VEGASNV For Sale $285,0003 Beds / 3 Baths
Gorgeous, single story home in gated Mountains Edge community! Just rehabbed with neutral flooring and paint! Open, single-story floorplan! Sparkling pool in backyard!..
1 of 6 photos Las VegasNV For Sale $174,9004 Beds / 3 Baths
Great two story on a huge corner lot in the southwest! 4 bedrooms, living and dining rooms with hardwood style flooring downstairs. Pool and spa in landscaped backcyard...
Home ownership is a dream for most Americans. The State Sponsored Homebuyer Assistance Program is offered
through various government agencies. After all, regardless of their income level Americans strive to become
homebuyers and purchase a home. That's why HOME
offers down payment, closing cost and rehabilitation assistance to low-income homebuyers who make the
purchased home their principal residence and rehabilitate it according to IHDA and HUD standards.
Before buying Las Vegas real estate and to receive HOME assistance, prospective homebuyers must take part in
homeownership counseling to ensure they understand budgeting and personal financial management, home maintenance, the mortgage
loan process, legal documents and obligations associated with buying a home, and work-out options
they have with mortgage lenders in case financial problems arise.
SPONSORING AGENCIES
Local governments, non-profit organizations and Community Housing Development Organizations (CHDO) --
offer state sponsored homebuyer assistance programs. More information about CHDO's assistance program
is in the Community Housing Development Organizations section. For-profit groups are not eligible.
Homeowners should apply for HOME assistance through sponsoring agencies funded by IHDA,
not directly through the Authority or via the Single Family Program Department.
ELIGIBLE PROPERTIES
You can search for Las Vegas real estate properties that are selected by sponsoring agencies. Homebuyers may
choose from one-unit properties, condominiums or manufactured
housing (mobile homes are ineligible). They may be valued at no more than HUD's area limits,
and in the case of acquisition and rehabilitation, must be free from any health or safety defect before occupancy.
RESALE PROVISIONS
Assistance to homebuyers is provided in the form of deferred, forgivable loans at 0 percent interest.
The use of HOME funds carries certain restrictions on the use of the purchased property, as well as
upon any proceeds realized from the sale of the home if the sale occurs within certain time frames.
If the homeowner moves out or sells the home before this time period has expired, all or a portion
of the HOME funds must be repaid by the homeowner.
For more information about state sponsored homebuyer assistance programs contact HOME at (312) 836-5200.