Homestead Opportunity Loan Program

 

Homestead Opportunity Loan Program

 

No-interest (0%), deferred payment loans to low- and moderate-income renters for the purchase of a home.

Properties must be in Kenosha County, outside of the City of Kenosha.

Eligible use of funds:

  • 50% of the downpayment (the maximum downpayment assistance is 10% of the purchase price of the home)
  • Payment of bank fees and closing costs
  • Rehabilitation of a property when the lender agrees to credit the increase in the property’s value towards the required downpayment

 

Additional information about the Homestead Opportunity Loan Program (pdf)

Application for the Homestead Opportunity Loan Program (pdf)