Potential and current homeowners in rural Kansas can be financially assisted through the new Home Loan Guarantee (HGL) for Rural Kansas. The program, which was created by Kansas Housing Resources Cooperation (KHRC), helps to close the gap between lenders and their financial institutions. The program serves counties with less than 10,000 residents and can be used for costs related to land, buildings, renovations and new construction. The program will guarantee 80% to 125% of the appraised value of the home, which caps at $100,000 per loan.
Source: KSNT 27 News
