Down Payment Assistance
Financial Class Schedule
Financial Guidance Center (FGC), a not-for-profit United Way HUD approved housing counseling agency, is dedicated to providing affordable housing opportunities to qualified households. Through A Home of My Own, low-to-moderate income households may qualify for down-payment and closing cost assistance for the purchase of their first home. Please do not 'disqualify' yourself because you think your household's annual income is higher than allowed .... make the inquiry to check on your qualification. All programs are on a first-come first-served basis and there is no guarantee of funds availability.
The FGC - Individual Development Account (IDA) is a minimum 10-month savings program that may provide a match of $3 for every $1 saved by the potential homebuyer. A homebuyer maximizing contributions of $5,000 would have $20,000 toward the down-payment and closing costs for their new home. This is the perfect program for anyone needing to save funds toward their down-payment, or has the need to address credit challenges before becoming a homebuyer.
The FGC - WISH Program may provide a match of $3 for every $1 contributed by the homebuyer. The funds are immediately available for qualified borrowers.
The FGC - City of Las Vegas Down Payment Assistance Program may provide up to $25,000 towards the down-payment, approved closing costs, principal or interest buy-down (based on need). Homebuyer contribution is a minimum of $1,500 or 50% of the down-payment, whichever is greater.
The FGC - City of North Las Vegas Down Payment Assistance Program may provide up to $14,999 towards the down payment and usual and customary closing costs for a home purchased within the City of North Las Vegas limits. Homebuyer must have a minimum of $2,500 in savings and provide a minimum contribution of $1,500 or 50% of the down-payment, whichever is greater. Clients purchasing a property through this program may also be eligible for Energy Efficient Appliances which may include washer, dryer, stove, dishwasher and refrigerator.
If you are interested in learning more about our Down Payment Assistance Programs, please complete and submit the Down Payment Assistance Intake Form. A FGC Housing Specialist will contact you by email within 3 business days after submitting your intake form. All funds are available on a first-come first-served basis and there is no guarantee of funds availability.