First-Time Homebuyer Grants
in Las Vegas, NV

Nevada Housing Division’s flagship program offers up to 4% of the loan amount in down payment and closing cost assistance, forgiven after you stay in the home for just 3 years. No first-time buyer requirement — any buyer purchasing a primary residence in Nevada can apply. On a $420,000 purchase with an FHA loan, 4% produces roughly $16,200 in assistance, more than enough to cover the 3.5% FHA down payment.

• Assistance amount: up to 4% of loan amount
• Forgiven after 3 years of owner-occupancy (no repayment if you stay)
• No first-time homebuyer requirement
• Income limit: $105,000 household (all sizes); $98,500 for FHA/VA/USDA
• Minimum credit score: 640
• Purchase price limit: $548,250 (NHD) / $524,950 (FHA Clark County)
• Available through 80+ approved lenders statewide
• Applies to FHA, VA, USDA, and conventional loans

Nevada K–12 public school teachers receive an enhanced grant of up to 6% of the loan amount — 50% more than the standard HIP program. On a $400,000 purchase, 6% equals approximately $23,160, covering the entire FHA down payment plus a substantial portion of closing costs. This is one of the most generous teacher homebuyer programs in the country.

• Assistance amount: up to 6% of loan amount
• Forgiven after 3 years of owner-occupancy
• Must be currently employed at an accredited Nevada K–12 public school
• Income limit: $105,000 household
• Minimum credit score: 640
• Apply through a participating NHD-approved lender
• Can be combined with Worker Advantage (if also an essential worker)

Veterans, active-duty military, law enforcement officers, firefighters, first responders, and healthcare workers qualify for the standard 4% HIP grant plus a below-market interest rate on their primary mortgage. The rate reduction lowers your monthly payment for the life of the loan — compounding savings beyond the upfront assistance.

• Assistance: 4% of loan amount + below-market 30-year fixed rate
• Eligible professions: military/veterans, law enforcement, firefighters, EMTs, first responders, healthcare workers
• Forgiven after 3 years of occupancy
• Income limit: $105,000 household
• Minimum credit score: 640
• Apply through participating NHD-approved lenders

Launched in late 2025 under Governor Lombardo’s Nevada Housing Access and Attainability Act, the Worker Advantage Program provides $20,000 in down payment and closing cost assistance to qualifying essential workers. The funds come as a no-interest, no-monthly-payment 30-year second mortgage — repaid only when you sell or refinance. Approximately 819 spots remain as of early 2026.

• Assistance: $20,000 (no interest, no monthly payment)
• Structure: 30-year deferred second mortgage; repaid at sale or refinance
• Eligible workers: teachers, medical professionals, law enforcement, construction workers, and other essential occupations
• At least one borrower must be employed in a qualifying essential worker category
• Backed by $18 million in state funding (~900 households total)
• Apply through participating NHD-approved lenders
• Can be combined with HIP grants for maximum assistance

Funded through HUD’s HOME Investment Partnerships Program, Clark County offers up to $20,000 in deferred down payment assistance for lower-income buyers purchasing in unincorporated Clark County. No monthly payment; the balance is repaid when you sell, refinance, or move out. Check current availability directly with Clark County — funds are allocated annually and can run out.

• Assistance: up to $20,000 deferred second mortgage
• Income limit: ≤80% Area Median Income (roughly $64,000–$80,000 depending on household size)
• Property must be in unincorporated Clark County (not city of Las Vegas, Henderson, or North Las Vegas)
• Must be a first-time homebuyer (no homeownership in past 3 years)
• HUD-approved homebuyer education course required
• Verify current funding availability with Clark County before writing an offer

Do I have to be a first-time homebuyer for HIP?

No — Home Is Possible (Standard, Heroes, and Teachers) does not require you to be a first-time buyer. You can have owned a home before and still qualify, as long as the property you’re purchasing will be your primary residence. Clark County HOME and the Worker Advantage Program may have additional requirements; verify with your lender.

What happens if I sell or refinance before 3 years?

The HIP grant is forgiven only after 3 full years of owner-occupancy. If you sell, refinance, or move out before that point, you must repay the remaining unforgiven balance from your sale proceeds. After 36 months of continuous occupancy, the second mortgage is completely forgiven — nothing to repay.

Can I use HIP with a VA loan?

Yes. Home Is Possible is compatible with VA, FHA, USDA, and conventional loans. Veterans using a VA loan (which requires zero down payment) can apply HIP assistance toward closing costs and prepaids — potentially reaching near-zero cash to close. VA borrowers would also be eligible for HIP for Heroes, which adds a below-market rate.

Is USDA zero-down available in Las Vegas?

USDA Rural Development loans are available in portions of outer Clark County — including Henderson outskirts, North Las Vegas fringes, Boulder City, and other suburban areas. Inner Las Vegas and the Strip corridor are not USDA-eligible. Check your specific target address at usda.gov/eligibility before committing to a loan type. USDA-eligible buyers can layer Home Is Possible on top to cover closing costs.

How do I apply for HIP?

You apply through a participating NHD-approved mortgage lender — there are more than 80 in Nevada. You do not contact Nevada Housing Division directly. Find an approved lender at homeispossiblenv.org, then tell them you want to use the HIP program (or HIP for Teachers / Heroes) at the time you start your mortgage application.

1. Check USDA eligibility for your target address — Go to usda.gov/eligibility and enter your prospective address. If eligible, USDA zero-down plus HIP for closing costs is the optimal combination.
2. Identify your HIP variant — Are you a teacher? Use HIP for Teachers (6%). Military, firefighter, healthcare, or law enforcement? Use HIP for Heroes (4% + rate). Everyone else: standard HIP (4%).
3. Check Worker Advantage availability — Visit homeispossiblenv.org/worker-advantage to confirm spots remain and verify your occupation qualifies before counting on the $20,000.
4. Find a lender approved for all your programs — Look for an NHD-approved lender who also processes Clark County HOME, so you can stack programs at one closing.
5. Complete a HUD-approved homebuyer course — Required for Clark County HOME and recommended for all programs. Many are available online in a few hours.
6. Get pre-qualified — Your lender will confirm which programs you qualify for based on income, credit score, and loan type, and submit the assistance applications on your behalf.