NCK Housing Opportunities, Inc., a housing non-profit managed by the North Central Regional Planning Commission, has nine (9) relocation incentives remaining in its 8-county service area to attract residents to move to North Central Kansas to work, start or buy a business or retire.
Direct lending is back! Effective immediately, the NCK Regional Relocation Pilot Loan-Grant Program will be offered through a direct loan.
The program provides a $12,500 relocation incentive including: A) $10,000 loan, 0 percent interest, term up to 20-years on eligible home purchase type of $50,000 or greater; and B) $2,500 grant for closing costs-escrow-home improvements. Combination loan-grant is required.
Because of the shortage of homes on the market at this time, the eligible homes purchase types have expanded to include existing homes, existing homes with planned-financed upgrades, manufactured homes with lot and infrastructure hook-ups, or new construction.
Program eligibility
• Relocate to an eligible county in North Central Kansas within the past 18 months prior to the request including Cloud, Ellsworth, Jewell, Lincoln, Mitchell, Ottawa, Republic and Saline.
• Use for eligible home purchase type of $50,000 or greater including existing homes, existing homes with planned-financed upgrades, manufactured home with lot and infrastructure hook-ups, or new construction.
• Limited funding available on a first come first served basis within the 8-county service area until funds exhausted.
• First closing date no earlier than Jan. 13, 2023 and no later than Sept. 30, 2023.
Home buyers wanting to access the North Central Kansas Regional Relocation Pilot Loan-Grant Program should contact a bank having a physical location in NCRPC’s 12-county service area to get started.
• Only banks with a physical location in the North Central Regional Planning Commission 12-county service area are eligible to access this program.
For more information on the NCRPC service area, visit http://www.ncrpc.org/about/service-area.
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