NSP Program Income Downpayment Program
​Moline, IL

 If you are looking to purchase a home in certain neighborhoods in Moline, you may be eligible for up to 3% or 5% of the homes purchase price for downpayment assistance and up to $1,500 towards closing costs. GROWTH is providing funding for this program,  derived from Neighborhood Stabilization Program (NSP2) Program Income.
To Qualify:
  • Home must be located within these Moline neighborhoods: 217, 219, 222, 223 (Highlighted on this map)
  • Homebuyer must be an employee of a Moline business that has a physical establishment within Moline
  • Homebuyer must work a minimum of 20 hours for a business located in Moline
  • Homebuyer must contribute a minimum of $1,000 to the transaction
  • Earn at or below 120% of the Area Median Income (AMI). Downpayment assistance will vary based on your income:
    • Under 50% AMI – 5% downpayment assistance and up to $1,500 in closing costs
    • 51%-120% AMI – 3% downpayment assistance and up to $1,500 in closing costs 
Prior to Making an Offer:
  • Complete application. Provide copies of:​
    • Last 2 years W-2s
    • Last 2 federal tax returns
    • Last 30 days of pay stubs
    • Most recent 2 months of bank statements
  • Meet with HUD-certified Housing Counselor (email)
  • Participate in Homebuyer Education Class/ Webinar and receive a certificate of completion
  • Homebuyer signs a 5-year forgivable recapture agreement
2025 Income Limits- Rock Island- Moline MSA​: 

Step 1: Complete
​Application

Apply as soon as you begin thinking seriously about purchase a home. GROWTH is here to guide you through the entire process, from start to finish. GROWTH must approve your application prior to making an offer on a home.​

Step 2: Meet with Housing Counselor

As a HUD-approved Housing Counseling agency, GROWTH has HUD-certified Housing Counselors that will meet with you and provide you with the financial tools needed to achieve your goal of homeownership. Send an email below to inquire.

Step 3:  Participate in          
​Homebuyer Education Class

Attending a one-day homebuyer education class/ webinar is required prior to making any offer on a home. The classes are held once per month and you can register online to attend. There is no cost to homebuyer.
100 19th Street, STE 109
Rock Island, IL 61201
309-794-6711
​[email protected]
Economic Growth Corporation and its subsidiaries are Equal Opportunity Providers.

Fair Housing/ Equal Opportunity Statements:
We are pledged to the letter and spirit of U.S. Policy for the achievement of equal housing opportunity throughout the nation. ​​In accordance with federal law and the U.S. Department of the Treasury policy, Central States Development Partners, Inc. is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability.  

Conflict of Interest Statement:
Economic Growth Corporation and its affiliates (collectively, GROWTH) require staff and members of the Board of Directors to comply with all applicable federal, state and local laws, rules and regulations pertaining to GROWTH’s activities, to conduct themselves ethically and with integrity; and to avoid any conflict between their own interests and the interests of GROWTH.