Housing Opportunities of Northern Kentucky (HONK) helps low income families and individuals reach the goal of stable homeownership through programs of education and support. HONK rehabs homes and builds new homes to create affordable homeownership opportunities.
Most clients participate in our 12-18 month lease-to-own program to realize homeownership. In this program, clients live in the home they are working to buy. Their monthly payments mirror their future mortgage payments. They get used to the utility expenses and maintenance needs of the home prior to purchase. In the meantime, HONK works with each client to help them prepare for the financial realities of homeownership. They work to create and maintain a working household budget, improve credit, develop savings, and learn how to navigate the home buying process. This preparation has brought our homeowners tremendous long-term success.