Launchpad Homeownership Program
Launchpad Homeownership Program is a forgivable dpa second mortgage with below-market first mortgage from Nevada Rural Housing (NRH). Serves Washoe. Income limit: Per county/household size.
Amount varies by program
Listed as open as of May 26, 2026
Serves Washoe.
| Income limit | Per county/household size |
|---|---|
| Minimum credit score | 640 |
| Homebuyer education | Required |
| Occupations | Any |
| Sales price cap | Per NRH county limits |
| Forgivable | Yes |
| Amount notes | 2%, 3%, 4%, or 5% of loan amount (first-time buyer variant: 2% or 4%) |
| Notes | First-time buyer variant available; veterans and targeted-area buyers exempt from first-time rule |
| Phone | 775-887-1795 |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: Nevada Rural Housing (NRH) · program details at the provider’s site.
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