A new program that seeks to attract new residents to move to North Central Kansas is now available in Cloud, Ellsworth, Jewell, Lincoln, Mitchell, Ottawa, Republic and Saline Counties.
The pilot project known as the North Central Kansas Regional Relocation Program seeks to make home ownership more affordable for those relocating to the region by reducing the barriers of down payments and closing costs. It offers a combination of a 0% down payment assistance loan of $10,000 and closing cost grant of $2,500 when purchasing a home of $50,000 or greater. Eligible home purchase types include existing homes, existing homes with planned/financed upgrades totaling $50,000 or greater, manufactured homes including lot and infrastructure, or new construction. Funds are limited and available on a first come, first served basis. The program officially launched August 15, 2022.
An award from the Dane G. Hansen Foundation of Logan, Kansas, assisted in funding the program, along with a donation from NCK Housing Opportunities, Inc. The North Central Regional Planning Commission is administering the program. NCK Housing Opportunities, Inc. is an affiliate of the North Central Regional Planning Commission.
Program eligibility includes relocating to an eligible county in North Central Kansas within the past 18 months prior to the request. Additionally, the primary bank loan must be provided by a bank having a physical location in the North Central Regional Planning Commission 12-county service area.
“We are pleased to bring this program to North Central Kansas,” Program Manager Debra Peters said. “It offers new residents up to 18 months to experience all the region has to offer before staking roots here.”
Results of the pilot program will be used to develop a permanent regional relocation program in 2024.
For more information about the program, contact your local bank or realtor or visit the NCK Regional Relocation Incentive page.
This article appeared in the Quarter 3 2022 NCRPC Newsletter.