NeighborWorks Dakota Home Resources
Down Payment Closing Cost Program– Low interest loans for qualified applicants
Eligibility
■Completion of Home Buyer Education
■Post Purchase Maintenance Class within 90 Days after purchase
■Applicants must pay $500 out of pocket
■Applicants must show evidence of need
■Verification of cash assets cannot exceed a maximum of $10,000
Neighbor Next Door Program
Low interest loans for Law Enforcement officers, pre kindergarten through 12th grade teachers, firefighters/ emergency responders and register nurses who reside in the community that they service.
Eligibility
■Applicants income must be 150% or below the area median income(AMI) to receive 0% interest rate
■Applicant must show evidence of need
■Verification of cash assets cannot exceed a maximum of $10,000
■Completion of home Buyer Education
■Completions of Post Purchase Maintenance course within 90 days.
