Kentucky Housing DREAM Downpayment Loan

Kentucky Housing Corporation

Available Down Payment

About This Program

Forgivable second mortgage loan to assist with down payment and closing costs for Kentucky homebuyers. Forgiven after 5 years of homeownership. Must be combined with KHC first mortgage product. Available in Owensboro and statewide.

Forgivable loan after 5 years; 20% forgiven per year

Key Details

  • Forgivable loan up to $6,000 for down payment
  • Forgiven after 5 years of homeownership
  • Must combine with KHC first mortgage
  • Income and purchase price limits apply
  • Homebuyer education required

How to Apply

A grant-savvy contractor in Owensboro, KY can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Year-round while funds available

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Owensboro, KY

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