Village on Monroe Grants to Qualified Buyers
Funding Amount
Up to $2,200 (1 bedroom) or Up to $3,200 (2 bedroom)
Deadline
Rolling / Open
Grant Type
foundation
Overview
Village on Monroe Grants to Qualified Buyers
Overview: Grant program to help qualified buyers pay for down payment and closing costs when purchasing a Village on Monroe townhouse.
- Income Limit: Household income must be below 115% AMI (Area Median Income) - 1 person: below $56,925 - 2 person: below $64,975 - 3 person: below $73,140 - 4 person: below $81,190
- Income limits may vary, contact NeighborWorks for current limits
Eligibility
- 1 bedroom grant: up to $2,200
- 2 bedroom grant: up to $3,200
Award Amounts
- Required: NeighborWorks Homebuyer Education (HBE) course (available online or in-person, free)
Requirements
- Rapid City, South Dakota (Village on Monroe property)
Geographic Scope
- Phone: 605-578-1401
- Email: info@nwdhr.org
- Address: 795 Main Street, Deadwood, SD 57732
Contact Information
How to Apply
Application Process
1. Determine eligibility based on household income and household size
2. Complete NeighborWorks Homebuyer Education (HBE) course (required for all down payment and closing cost assistance programs)
- Available online or in-person at no charge
3. Contact NeighborWorks for current income limits and specific program requirements
4. Apply through NeighborWorks office
- Proof of household income
- Household composition documentation
- Proof of enrollment/completion in HBE course
Required Materials
- Phone: 605-578-1401
- Email: info@nwdhr.org
Contact for Application Details
Focus Areas & Funding Uses
Fields of Work
Categories
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