fbpx

First-time Homebuyers Assistance Program

Louisiana

Available Assistance

The program offers qualifying applicants a deferred payment loan up to $35,000 to be used for down payment and closing cost assistance and to reduce their primary mortgage loan amounts. Repayment of these funds is required if the home is sold, vacated, or abandoned as a primary residence during the occupancy period, or if it is used as an investment or income-producing property. The loan will be forgiven according to specific grant terms and an affordability period. When the deferred payment loan is forgiven, the homebuyer does not have to repay the money that was received.

Eligibility Requirements

In order to qualify for the program, applicants must be first-time homebuyers who are U.S. citizens or eligible permanent residents. They must also complete a first-time homebuyers training course, and their annual household income must fall within the limits set by HUD (shown below).​

Property Guidelines

Additionally, there are property requirements that must be met. The home being purchased must be an existing or newly constructed single family residence located in the incorporated areas of the City of Kenner and must serve as the applicant’s primary residence. The house must be a single unit dwelling (no rental or investment property) and meet local codes, Housing Quality Standards, and lead-based paint standards. The property must be inspected to ensure it meets HQS and City Code, and be acceptable to the primary lender and insurer of the property. The current maximum purchase price allowable is $180,000.

7000170002700037000470005700067000970010700117003070031700327003370036700377003870039700407004170043700447004770049700507005170052700537005470055700567005770058700597006070062700637006470065700677006870069700707007170072700737007570076700787007970080700817008270083700847008570086700877009070091700927009370094700967009770112701137011470115701167011770118701197012170122701237012470125701267012770128701297013070131701397014170142701437014570146701487015070151701527015370154701567015770158701597016070161701627016370164701657016670167701707017270174701757017670177701787017970181701827018370184701857018670187701897019070195703017030270310703397034070341703427034370344703457034670352703537035470355703567035770358703597036070361703637036470371703727037370374703757037770380703817039070391703927039370394703957039770401704027040370404704207042170422704267042770429704317043370434704357043670437704387044170442704437044470445704467044770448704497045070451704527045370454704557045670457704587045970460704617046270463704647046570466704677046970470704717050170502705037050470505705067050770508705097051070511705127051370514705157051670517705187051970520705217052270523705247052570526705277052870529705317053270533705347053570537705387054070541705427054370544705467054870549705507055170552705547055570556705587055970560705627056370569705707057170575705767057770578705807058170582705837058470585705867058970591705927059370596705987060170602706057060670607706097061170612706157061670629706307063170632706337063470637706387063970640706437064470645706467064770648706507065170652706537065470655706567065770658706597066070661706627066370664706657066870669707047070670707707107071170712707147071570718707197072170722707237072570726707277072870729707307073270733707347073670737707387073970740707437074470747707487074970750707527075370754707557075670757707597076070761707627076370764707657076770769707707077270773707747077570776707777077870780707827078370784707857078670787707887078970791707927080170802708037080470805708067080770808708097081070811708127081370814708157081670817708187081970820708217082270823708257082670827708317083370835708367083770873708747087970884708917089270893708947089570896708987100171002710037100471006710077100871009710167101871019710217102371024710277102871029710307103171032710337103471037710387103971040710437104471045710467104771048710497105071051710527105571058710607106171063710647106571066710677106871069710707107171072710737107571078710797108071082711017110271103711047110571106711077110871109711107111171112711137111571118711197112071129711307113371134711357113671137711387114871149711507115171152711537115471156711617116271163711647116571166711717117271201712027120371207712097121071211712127121371217712187121971220712217122271223712257122671227712297123071232712337123471235712377123871240712417124271243712457124771249712507125171253712547125671259712607126171263712647126671268712697127071272712737127571276712777127971280712817128271284712867129171292712947129571301713027130371306713077130971315713167132071322713237132471325713267132771328713297133071331713337133471336713397134071341713427134371345713467134871350713517135371354713557135671357713587135971360713617136271363713657136671367713687136971371713737137571377713787140171403714047140571406714077140971410714117141471415714167141771418714197142271423714247142571426714277142871429714307143171432714337143471435714387143971440714417144371446714477144871449714507145271454714557145671457714587145971460714617146271463714657146671467714687146971471714727147371474714757147771479714807148371485714867149671497

0%
You Are Almost There! Thanks For The Support 😄

Get Pre-Approved Today With A Lender That will WORK FOR YOU!

0%
You Are Almost There! Thanks For The Support 😄

Get Your FREE Credit Score!

Confirm your credit scores to get your grant results, absolutely free and no effect on your credit.

0%
You Are Almost There! Thanks For The Support 😄

Get financial support for you and your family!

Be sure to take advantage of exclusive resources and benefits for you and your family below!

0%
You Are Almost There! Thanks For The Support 😄

See your state housing grant programs!

There is plenty of money available to help pay for rent, bills, and utilities.

0%
You Are Almost There! Thanks For The Support 😄

Find Business and Education Grants!

There are plenty of govt grants to pay for a new business or education.

0%
You Are Done! Thanks For The Support 😄

Here are your Results!

Learn more about your state’s grant programs or go back to take advantage of today’s offers and benefits! Also be sure to check your email daily for our exclusive money hacks and newsletter updates.