Rural Nevada Development Corporation
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Rural Nevada Development CorporationNVFirst-Time Homeownerdeferred, interest-free loan / DPA
Updated: Dec 5, 2025
The Rural Nevada Development Corporation (RNDC) Down Payment Assistance Program provides interest-free, deferred loans up to $30,000 or $25,000 to help low-income, first-time buyers cover down payment and closing costs on homes that meet HUD standards across a wide list of rural Nevada counties.
Eligible for: Low-income first-time homebuyers purchasing a home that meets HUD Housing Quality Standards in eligible rural Nevada counties (including Car…
Funding: Deferred, interest-free loan up to $30,000 (HOME funds) or $25,000 (HMNI funds) toward down payment and closing costs; forgiven after 3–10 years if property remains primary residence.Deadline: Rolling / subject to availability of HOME and HMNI fundsrollingeligible rural counties in NevadaFirst-time homebuyerLow-income householdDown payment assistanceClosing cost assistanceDeferred loanRural housing supportForgivable loan