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Homebuyer Grants

Our mortgage experts are here to guide you through every step!

At NebraskaLand Bank, we’ve teamed up with The Federal Home Loan Bank to offer two amazing programs: HSP and HOPE. These programs are designed to help make buying a home easier and more affordable. Don’t Wait—Funds Go Fast! Both programs are first-come, first-serve basis and are subject to qualification, funds run out quickly.

HSP Program

The Homeownership Set-aside Program

What is HSP? The Homeownership Set-aside Program (HSP) is specifically designed to support first-time homebuyers. To qualify for this program, applicants must have a household income that does not exceed 80% of the Area Median Income (AMI). This program provides subsidies for down payment and/or closing cost assistance for eligible first-time homebuyersKey Details:

Opens: March 2, 2026
Assistance amount: $2,500–$15,000
Requirements: Homebuyer education is required as part of this program.

Once the funds are available, reservations will be accepted on a first-come, first-serve basis and are subject to qualification.

HSP Program

The Homeownership Set-aside Program

Opens: March 2, 2026
Assistance amount: $2,500–$15,000
Requirements: Homebuyer education is required as part of this program.

Once the funds are available, reservations will be accepted on a first-come, first-serve basis and are subject to qualification.

HOPE Program

The Homeownership Possibilities Expanded

What is HOPE? The Homeownership Possibilities Expanded (HOPE) program is for moderate-income buyers earning up to 115% of the AMI. Unlike many programs, HOPE isn’t just for first-time buyers. It’s great for families who don’t qualify for traditional grants but still need help with down payments or closing costs. Key Details:

Opens: March 16, 2026
Assistance amount: Starts at $2,500
Requirements: Current homeowners must sell their home (no rentals allowed)

Like the HSP program, reservations for the HOPE program will also be accepted on a first-come, first-serve basis, subject to qualification.