hey prescott.
See what you qualify for

Truckee Meadows Habitat for Humanity Homeownership Program

Truckee Meadows Habitat for Humanity · Sparks, Nevada

Last verified
See what you qualify forOfficial program site →
Income limit

60% AMI

Of area median income; varies by county and household size

What is Truckee Meadows Habitat for Humanity Homeownership Program?

Truckee Meadows Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Sparks, Nevada, administered by Truckee Meadows Habitat for Humanity.

  • Truckee Meadows Habitat for Humanity sells newly stick-built homes to low- and moderate-income partner families in Washoe County (Reno/Sparks) at roughly 90% of market price with a 0% interest mortgage, payments capped at 30% of gross monthly income. Partner families invest sweat equity and complete homeowner education. This is an affordable below-market, sweat-equity homeownership program, not a cash DPA grant.
  • Newly built home sold below market (~90% of market price).
  • 0% interest mortgage.
  • Monthly payment capped at 30% of gross income.
  • Homeowner education classes.
  • Funding comes from Truckee Meadows Habitat for Humanity (donations, ReStore proceeds); homes sold at ~90% of market price with 0% interest mortgage.

Do you have to pay it back?

Truckee Meadows Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Truckee Meadows Habitat for Humanity.

  • Repayment is triggered by Monthly mortgage payments to Habitat (0% interest), capped at 30% of gross monthly income; payments recycle into building additional Habitat houses.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Truckee Meadows Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Truckee Meadows Habitat for Humanity homeowner education classes (home maintenance, saving, managing a mortgage, personal finances)
  • Citizenship or immigration status: Income test stated for 'U.S. applicants' (household income not to exceed 60% AMI)
  • DRAFT NOTE: applications currently CLOSED (all homes assigned to partner families; program active and reopens admissions periodically — watch affiliate Facebook). ~500 hours sweat equity per partner family. Must demonstrate housing need, willingness to partner, and ability to pay an affordable mortgage. Serves Washoe County (Reno/Sparks), not Carson City. Note: legacy domain tmhh.org is a parked spam site; official site is habitatforhumanityreno.org.

The program excludes

  • Manufactured homes
  • Households above 60% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Truckee Meadows Habitat for Humanity Homeownership Program limits household income to 60% of the area median income, which varies by county and household size.

  • Household income must not exceed 60% of the area median income, defined annually by HUD for the applicant's family size (Washoe County).
  • 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?

Truckee Meadows Habitat for Humanity Homeownership Program can be used for Single Family.

  • New construction is eligible.
  • Manufactured homes are not eligible.

Where does it apply?

Truckee Meadows Habitat for Humanity Homeownership Program serves buyers purchasing in Sparks, Nevada.

How do you apply?

Applications for Truckee Meadows Habitat for Humanity Homeownership Program go through Truckee Meadows Habitat for Humanity, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Truckee Meadows Habitat for Humanity homeowner education classes (home maintenance, saving, managing a mortgage, personal finances).

  2. Contact Truckee Meadows Habitat for Humanity to reserve funds

    Funds are reserved with the provider and are subject to availability.

  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.

90-second match

Not sure which you qualify for?

Answer 9 questions and we'll match you to every program you can actually use — in about 90 seconds. No SSN, no credit pull.

Find my programs