Financial assistance gifts offered by the Nehemiah Foundation help both first-time and repeat homebuyers purchase new and existing houses. Down payment or closing cost assistance comes in the form of gift funds ranging from 1% to 6% of the final contract sales price. In Nehemiah’s program, there is no cost to buyers, no repayment of gift money, no income or asset limitation, and no geographical restriction. The program benefits homebuyers nationwide. To be eligible, an individual or family must use a mortgage product that accepts gift contributions and must be the primary occupant of the home to be bought. The Foundation is part of the Nehemiah Corporation of America, a non-profit community development firm focused on homeownership and affordable housing. Contact Nehemiah Corporation of America, 1851 Heritage Lane, Suite 201, Sacramento, CA 95815; 877-634-3642; www.getdownpayment.com
Income Eligibility: None
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