Housing

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HOUSING

Want To Build A New Home?

Kansas Housing Cooperative Program Could Help

Housing continues to be a critical concern for the people of Northwest Kansas. Without the injection of new properties, we stifle our community’s ability to attract new families, grow our tax base, and build a desirable place for residents to call home.​

​That’s why the Northwest Kansas Economic Innovation Center, Inc. (Innovation Center) created the Kansas Housing Cooperative Program – to encourage new home construction in Northwest Kansas.​

​Through this program, we’re offering forgivable loans to homeowners who choose to build a new house in a community of 10,000 or fewer.​

​Together with our partners, developers, and our citizens – we’re working to fuel our region’s dreams and build a booming Northwest Kansas.

Kansas Housing Cooperative Program aims to:

  • Enhance housing availability​
  • Improve living conditions​
  • Stimulate economic activity​
  • Promote home building
  • Buy down cost of construction​
  • Provide down payment assistance
GET IN TOUCH

Contact Us

Randy Speaker​
Regional Housing Specialist​
785-409-0555
Email Randy

Do you qualify?

This program covers the Innovation Center’s 26-county area in Northwest Kansas. The loan funds can be used for developing new single-family, owner-occupied homes. 

You may be eligible if:

  • The property is in a community of 10,000 or fewer residents​
  • The home is a new build and is homeowner occupied​
  • The new home must be in one of the 26 counties served by the Innovation Center​
  • The home is less than 3,000 square feet
  • The duplex is between 1,000-1,600 square feet per unit
  • 5 year primary residency required

Our Target:

  • Minimum down payment of 2.5% plus prepaids and closing costs
  • Loan to value target of 80% ≤​
  • Total mortgage payment less than 30% of income​
  • NO income limits

Example Scenario

The Johnson Family plans to build a 1,500 square foot home in a qualifying community.

Total build cost​

$300,000​

Homeowner equity​

$9,000​

Forgivable loan (17%)* ​

$51,000​

Mortgage ​

$240,000​

*Forgivable loan will be shared by our three program partners: Dane G. Hansen Foundation, State of Kansas, and Local Northwest Kansas Communities.

Get Started

Submit your application today or contact our team to learn more.

Randy Speaker​
Regional Housing Specialist​
785-409-0555
Email Randy

Caden Pfeifer
Regional Housing Planner
785-324-1731
Email Caden

Proud Funding Partners

Submit Your Kansas Housing Cooperative Program Application Here

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