Once you confirm eligibility for NHI shared-equity homeownership, you will complete the simple NHI application form. NHI will contact you to verify income eligbility and then refer you to one of our lending partners to pre-qualify for a home mortgage. They will help you determine what price range home you can purchase with the assistance of the Community Land Trust.
NHI will then connect you to one of our real estate partners, if you do not already have one, and they will help you shop for your dream home! The NHI land subsidy can be used to purchase a quality existing home or one under construction anywhere in St. Tammany Parish as long as it is not in a flood zone. While you shop for your dream home you can complete homebuyer training classes assigned by the lender.