hey prescott.
See what you qualify for

Newcap Homebuyer Program

Newcap, Inc. · Green Bay, Wisconsin

Last verified
See what you qualify forOfficial program site →
Assistance

$10,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Deferred

No payments until the home is sold or refinanced

What is Newcap Homebuyer Program?

Newcap Homebuyer Program is a deferred second loan for homebuyers in Green Bay, Wisconsin, administered by Newcap, Inc.

  • Newcap (the Community Action Agency for northeastern Wisconsin) provides low- to moderate-income homebuyers with a maximum of $10,000 (based on program affordability) for down payment and closing costs, as a non-interest-bearing loan repaid upon sale or when the home is no longer the primary residence. Serves multiple NE Wisconsin counties.
  • Up to $10,000 for down payment and closing costs as a 0% non-interest-bearing deferred loan.

How much assistance does it provide?

Newcap Homebuyer Program offers up to $10,000 in assistance.

  • Award tiers: 0% non-interest-bearing loan, repaid upon sale or when no longer the primary residence. Amount up to $10,000 based on program affordability.
  • Amounts are the program's published maximums, not an offer — Newcap, Inc. determines any individual award.

Do you have to pay it back?

Newcap Homebuyer Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Repayment is triggered by Repaid to Newcap upon the sale of the home or when it is no longer the borrower's primary residence.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Newcap Homebuyer 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
  • On credit: Must be 'bankable' with a local lending institution.
  • A completed homebuyer education course, through Newcap Homebuyers Education Program.
  • Residency: Northeastern Wisconsin Newcap service area (incl. Brown, Oconto, Shawano, Forest counties and Rhinelander area).
  • Program details sourced from Newcap's published findhelp listings; Newcap.org program subpages did not render server-side this session. UNCONFIRMED on primary HTML: exact service-county list, funding source, lien position, property types, max purchase price, min credit score, DTI.

The program excludes

  • Households above 80% 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?

Newcap Homebuyer Program limits household income to 80% of the area median income, which varies by county and household size.

  • At or below 80% of the current County Median Income.
  • 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.

Where does it apply?

Newcap Homebuyer Program serves buyers purchasing in Green Bay, Wisconsin.

  • Targeted neighborhoods: NE Wisconsin Newcap service counties.

How do you apply?

Applications for Newcap Homebuyer Program go through Newcap, Inc., which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Newcap Homebuyers Education Program..

  2. Contact Newcap, Inc. 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.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Newcap Homebuyer Program, explained

A short, free course on Newcap Homebuyer Program: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

Read the course

Other programs in Green Bay, Wisconsin

See every program in Green Bay, Wisconsin →

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