North Carolina Down Payment and Homeownership Assistance


Every state has down payment or homeownership assistance programs; some states have both. The programs are designed to provide affordable housing opportunities to homebuyers who might not ordinarily be able to afford a house.

Each program can have their own income and eligibility requirements but primarily the programs are available for first-time homebuyers or low-income families.

Keep in mind if you had no ownership in a principal residence in the previous 3 years, you are also considered a first-time homebuyer even if you owned a home prior to that 3-year period.

The programs are not usually administered directly through the State. Instead, they are nonprofit based and handled through a third party agency. The list below will start you on your search but be sure to confirm the program is currently available.

(Source: HUD.gov)

Habitat for Humanity – Habitat affiliates bring homeownership to very low income families.
USDA Rural Development – programs that reduce the cost of homeownership for low and moderate-income families.
North Carolina Housing Finance Agency
Greensboro Housing Coalition
Consumer Credit Counseling of Forsyth County
Downtown Housing Improvement Corporation (DHIC) in Raleigh
Durham Affordable Housing Coalition
The Center for HomeOwnership

Local Programs

GREENSBORO
The Greensboro Housing Coalition
More Than Just A Mortgage Program
Will Help you to Realize the Dream of Homeownership
Call today to reserve your space!
(336) 691-9521

RALEIGH
North Carolina Cooperative Extension Service
4001-E Cary Drive
Raleigh, NC 27610-2914
Contact: Frances Turner
(919) 250-1113

ROCKY MOUNT
South Eastern North Carolina Community Development Corporation
1006 Aycock Street
Rocky Mount, NC 27803
Contact: Larry Russell
(252) 977-3141