NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund)

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) is a deferred second loan for homebuyers in Green Bay, Wisconsin, administered by NeighborWorks Green Bay. NeighborWorks Green Bay offers several down payment and closing cost assistance loans for income-eligible homebuyers: the HOME loan (up to $15,000), the Housing Cost Reduction Initiative/HCRI loan (up to $7,500), and the NeighborWorks Loan Fund/NLF loan (up to $7,000). Each is a 0% interest, no-monthly-payment deferred loan repaid when the home is sold, ownership changes, the home is no longer owner-occupied, or in some cases of refinancing. Location and income limits apply. Deferred 0% interest loan up to $15,000 (HOME), up to $7,500 (HCRI), or up to $7,000 (NLF) toward down payment and closing costs; no interest, no monthly payments.

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) offers between $7,000 and $15,000 in assistance. Amounts are the program's published maximums, not an offer — NeighborWorks Green Bay determines any individual award.

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Sale of the home, change of ownership, loss of owner-occupancy, or in some instances of refinancing. The assistance is recorded in second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required. Location and income limits apply (income limits based on household size; programs generally available up to 80%-120% AMI per program). HOME and HCRI loans require an HQS inspection performed by NeighborWorks Green Bay; the NLF loan requires a home inspection by a state-certified home inspector. Repayment due upon sale, change of ownership, loss of owner-occupancy, or in some refinance scenarios. (NeighborWorks Green Bay also offers employer-assisted programs for specific employers, restricted to those employees.).

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) sets its income limit as follows: Household income limits by household size, generally up to 80%-120% of area median income depending on the specific program (2026 HUD limits for Wisconsin used). Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) serves homebuyers purchasing in Green Bay, Wisconsin.

Applications for NeighborWorks Green Bay Purchase Assistance (HOME / HCRI / NeighborWorks Loan Fund) go through NeighborWorks Green Bay, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.