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homeownership

Homeownership Program

The City of Newport, the Campbell County Fiscal Court, and Newport Millennium Housing Corporation III, an affiliate of the Neighborhood Foundations, are pleased to announce the development of homes for affordable homeownership in Newport, KY.

The Kentucky Department for Local Government provides soft second financing to assist qualifying households wishing to purchase one of these homes

Eligibility

  • Applicants must have a favorable credit and rental history
  • Applicants must be able to secure a fixed rate first mortgage loan from a private lender
  • Applicants must successfully complete Homebuyer Education training
  • Applicants must have been employed for at least the past twelve (12) months (Elderly/Disabled are exempt from this requirement)
  • Applicants may not have any felony, violent crime and/or drug-related criminal history
  • Applicants must not be a registered sex offender
  • More Info

Income Restrictions

Persons Income
1 $47,850
2 $54,650
3 $61,500
4 $68,300
5 $73,800
6 $79,250

Available

  • 918 Columbia Street
  • 1020 Columbia Street
  • 1142 Columbia Street
  • 324 W 9th Street
  • 936 Patterson Street
  • Ann Street Properties
224_w_10th 925_colombia 71_parkview 940_patterson 910_columbia 912_columbia 412_w_10th

Contact

Deputy Director
Linda Fields
lfields@neighborhoodfoundations.com
859-581-2533 (Ext. 211)