More Nevadans Now Eligible for Down Payment Assistance


Contact

Teri Williams
Public Information Officer
(702) 486-0407
Carson City, NV - June 20, 2017

 

Contact: Teri Williams, Public Information Officer

Email: twilliams@business.nv.gov; Phone: (702) 486-0407

 

For Immediate Release:

 

More Nevadans Now Eligible for Down Payment Assistance

 

Carson City, Nev. (June 20, 2017) – The State of Nevada Housing Division (NHD) recently received recognition from the National Association of Government Communicators (NAGC), earning a Blue Pencil & Gold Screen Award of Excellence, in the category of Branding/Rebranding Campaign.

 

The award recognized the NHD Home is Possible (HIP) website, HomeIsPossible.org, which was designed by the Estipona Group and provides information for families and real estate professionals about the Home is Possible programs.

 

“It’s often not enough to create a beneficial new program,” said NHD Administrator CJ Manthe. “You also have to be able to share that program with your constituents in a way that makes sense to them. With this branding campaign, we were able to reach enough Nevadans to initiate 5,600 loans in the past year. And that’s just the beginning!”

 

NHD’s HIP programs are designed to help more families get into homes – people who can afford a monthly mortgage payment, but may be having a hard time coming up with a down payment. It provides a (non-repayable) down payment grant of up to five percent of the loan amount for Nevada families with a qualifying household income. Homebuyers must also have a minimum credit score of 640 and be purchasing a home for less than $400,000. The buyer must meet standard underwriting requirements, complete a homebuyer education course and live in the home as a primary residence.

 

The National Association of Government Communicators is dedicated to advocating, promoting and recognizing excellence in government communication, and provides opportunities for individual professional development and career advancement, enhancing effective communication with constituents, and advancing the profession of government communication.

 

The Nevada Housing Division (NHD), a division of the Department of Business and Industry, was created by the Nevada Legislature in 1975 to solve a very real problem: a shortage of safe and decent housing for individuals and families of low and moderate income. For more information, visit http://homeispossiblenv.org and then contact an approved lender or realtor.

 

###