Build WyCo Matched Savings Program

What is Build WyCo Matched Savings Program?

Build WyCo Matched Savings Program is a grant for homebuyers in Kansas City, Kansas, administered by Build WyCo (Community Housing of Wyandotte County, Inc. / CHWC).

• Build WyCo's Qualified Matched Savings Program is an Individual Development Account (IDA) program for current or prospective Wyandotte County residents seeking to buy or improve a home. Participants open a dedicated savings account, deposit at least $25/month, complete financial education and monthly counselor check-ins, and save at least $2,000 within 2 years. Build WyCo then contributes a $4,000 matching grant (2:1 match), so total available is $6,000. Income eligibility is 200% of FPL, making this accessible to very low-income households who may not yet have funds for a traditional down payment. Program includes personalized financial coaching.
• Participants who save $2,000 in up to 2 years receive a $4,000 matching grant (2:1 match), for a total of $6,000 toward purchasing or improving a home in Wyandotte County. Funds held in an Individual Development Account (IDA) at a participating bank.
• Funding comes from Philanthropic and community development funding (FHLB Topeka, United Way of Greater Kansas City, and other sponsors).

How much assistance does it provide?

Build WyCo Matched Savings Program offers up to $4,000 in assistance.

• Award tiers: Save $2,000 in up to 2 years → receive $4,000 match. Total $6,000 available for home purchase or improvement in Wyandotte County.
• Buyer contribution: Minimum $25/month deposit into IDA savings account; must save at least $2,000 within 2 years to receive full $4,000 match.
• The program can be combined with other assistance, subject to the rules of each.
• Amounts are the program's published maximums, not an offer — Build WyCo (Community Housing of Wyandotte County, Inc. / CHWC) determines any individual award.

Do you have to pay it back?

Build WyCo Matched Savings Program is structured as a grant, so it is not repaid.

• Repayment is triggered by None — grant, no repayment if funds used for eligible Wyandotte County home purchase or improvement.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Build WyCo Matched Savings Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Build WyCo Matched Savings Program sets its income limit as follows: 200% of Federal Poverty Level (FPL). 2025 FPL limits used by program: 1-person $31,300; 2-person $42,300; 3-person $53,300; 4-person $64,300; 5-person $75,300; 6-person $86,300 (subject to annual adjustment).

• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Build WyCo Matched Savings Program caps the purchase price as follows: Home must be in Wyandotte County, KS. No maximum purchase price stated.

• Eligible property types include Single Family.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Build WyCo Matched Savings Program serves buyers purchasing in Kansas City, Kansas.

How do you apply?

Applications for Build WyCo Matched Savings Program go through Build WyCo (Community Housing of Wyandotte County, Inc. / CHWC), which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Build WyCo HUD-approved financial education course (available in English and Spanish); monthly check-ins with assigned financial counselor..

2. 2

   Contact Build WyCo (Community Housing of Wyandotte County, Inc. / CHWC) to reserve funds

   Funds are reserved through Application through Build WyCo; online or printable application at buildwyco.org/match/., and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.