Kansas - Government Backed Loans

The Kansas Housing Resources Corporation mission is to enhance Kansas communities with housing opportunities. This goal is achieved through using a variety of strategies and approaches, including increasing homeownership opportunities, leveraging the construction of more affordable rental housing, preserving existing housing through rehabilitation, promoting energy efficiency improvements for owner-occupied and rental housing, providing affordable housing through rent assistance to low-income families and senior citizens, and creating housing opportunities for previously under served persons and communities.

Refinance Programs

Kansas Energy Efficiency Program - KEEP

KEEP offers interest-free loans to homeowners in order to assist in energy efficient home improvements. This loan acts as a second loan, and has a lower blended rate than a conventional second loan. There are no income restrictions with KEEP, and KHRC funds half the amount of the loan, with a maximum of $10, 000 in state subsidized loan funds. Homeowners may also qualify for energy credits on their tax return by increasing their home's energy efficiency.

Continue reading about KEEP.

Purchase Programs

First Time Home Buyers Program - FTHB

FTHB offers first-time homebuyers whose incomes are 80% below the median income downpayment assistance in the amount of 15% to 20% of the home's purchase price. A minimum investment of $500 or 2% of the sale price, whichever is lower, is required from homebuyers toward the purchase of the home. This second mortgage is to be used in conjunction with a first mortgage, and financing for both is available.

Continue reading about the First Time Home Buyers Program.