New Home Ownership program available

BELOIT — A new program that seeks to make home ownership more affordable is now available to home buyers purchasing a home in Cloud and Mitchell counties. 

The two-county pilot project of the North Central Kansas Home Ownership Program will assist current and future residents by reducing the barriers of down payments and closing costs. The program offers a combination of a 0 percent down payment assistance loan of up to 10 percent of the purchase price ($10,000 limit) and closing cost grant of up to 2.5 percent of the purchase price ($2,500 limit) when purchasing an existing home in Cloud or Mitchell counties. Funds are available on a first come, first served basis. The program officially launches in Cloud county April 10 and in Mitchell county April 19.

An award from the Dane G. Hansen Foundation of Logan, Kan., will be used to assist in the creation of the loan and grant pool. North Central Regional Planning Commission (NCRPC) of Beloit, Kansas, will provide program administration led by Debra Peters, NCRPC Program Manager.

“This initiative would not have been possible without assistance from the Dane G. Hansen Foundation, Cloud and Mitchell county banks, CloudCorp Executive Director Ashley Hutchinson, and Solomon Valley Economic Development Director Heather Hartman,” Peters said.

Increasing quality of life for residents through home ownership and reducing the number of homes on the market are two project goals. According to Hartman, the launch of the NCK Home Ownership Program in Mitchell County gives her organization another tool to help employers.

“We are always searching for ways to help our employers retain quality employees and home ownership is another piece of the puzzle,” Hartman said.

Hutchinson expects the program will have many benefits in the two counties where the pilot is being launched and regionally if the program meets expectations and is able to expand.

“The Home Ownership Program is an additional recruitment tool to attract young professionals to north central Kansas, complimenting the existing Rural Opportunity Zones,” Hutchinson said. “More home ownership means more kids in schools, a broadening of the tax base, and healthier, happier families.” 

This pilot project will test the demand for such a program. Ultimately the goal is to expand the NCK Home Ownership Program to other counties in the NCRPC service area that also fall within the Dane G. Hansen Foundation service area.

For more information about the pilot program in Cloud or Mitchell counties, contact your local bank, realtor, or contact Debra Peters, Program Manager, at the North Central Regional Planning Commission at mailto:dpeters@nckcn.com or 785-738-2218.

The NCRPC is committed to advancing rural Kansas through comprehensive planning and development services. Its primary service area includes 12 counties and 83 cities in North Central Kansas. For more information about the NCRPC, visit http://www.ncrpc.org

NEWS

Concannon anxious to return to office

BELOIT – A total of 1,463 voters at 36.2 percent cast their ballots at the Mitchell County polls during the  2018 Primary Election on Tuesday. There were 224 advance voters and a total of 30 provisional ballots.  The State Rep. Susan Concannon of Beloit and... [More]

The more art mediums the better

BELOIT - Artwork of all different types of media is what Sharon Hesket Sahlfeld enjoys the most.  Although, most of her work is stored away inside her head, she hopes to transfer those images onto canvas, paper, sculptures, woodwork, clay and leather in the upcoming years. ... [More]

Hartman reports on city grant program

The Beloit City Council conducted their business meeting Tuesday evening, August 7. All councilors were present as was the mayor, the city manager, the city attorney and the city clerk. Heather Hartman, Solomon Valley Economic Director, reported on the Community Development... [More]

More News

SPORTS

Beloit Marauders and Waconda advance in State

  BELLEVILLE – The District 1 third place Beloit Marauders won their first round at the Pee Wee State baseball contest on Tuesday with a win over the District 4 Hanover team, 3-1 and will now face their home-town District 2 champions Beloit Venom team tonight (Wednesday)... [More]

Three Beloit teams State bound / Venom District 2 champions; Cyclones District 1 champions

BELOIT – Three  baseball teams will be representing Beloit this week during the Pee Wee State tournaments, from Monday, July 16 to Friday, July 20, in host Belleville being played in two fields at the south fairgrounds and the Lions Field. Beloit teams including... [More]

More Sports

OPINIONS

RFL redirects efforts to Breast Friends Foundation

Dear Editor,  The American Cancer Society’s Relay for Life (RFL) event has been an important part of our community over the past several years for our loved ones who have fought cancer as well as a fundraiser for cancer research. Each year our group of volunteers... [More]

More Opinions