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Kansas City Dream Program

Program Overview

Kansas City Dream Program is a program that assists homebuyers in with the down payment and closing costs. Please contact Coleman McClain for specific details on approved neighborhoods in Kansas City. The application fee is $ 0.

Who is eligible for this program?

Max income limits are as follows: 1 person $39,400 2 persons $45,050 3 Persons $50,650 4 Persons $56,300 5 Persons $60,800 6 Persons $65,300 For down payment assistance. Maximum % of Sales Price: 20% HUD Median Income Limits: 80 Is this program for first time buyers only? Yes

Property Eligibility Requirements

The sales price cannot exceed $ $150,000. Allowable property types: SFR

Benefit Details

Assistance is in the form of a forgivable loan. It is completely forgiven after 10 years of residence. 20% of purchase price or $20,000 maximum Benefit: Down Payment assistance in the maximum amount of $20,000 or 20% of purchase price. Homebuyer Counseling / Education Required: Yes Owner Occupancy Required: Yes Other Program Comments: Must meet income guidelines and Buyer Eligibility. Additionally, if property has been occupied by a tenant in the preceding 12 months please contact the program provider or lender to review property eligibility for this program.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.