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Community Home Buying Programs

The North Carolina Housing Finance Agency provides funding to local governments and nonprofit organizations to assist individuals and families with the purchase of a home. If your household income meets certain limits, you may be eligible for additional home buying assistance by working with one of our community partners.

Find a Community Partner Near You

Community Partners Loan Pool (CPLP) members offer 0 percent interest, deferred, subordinate mortgages for up to 20 percent of the sales price, not to exceed $30,000 (effective May 1, 2018), when used in conjunction with our NC Home Advantage Mortgage™ or up to 10 percent when combined with a USDA Section 502 loan. CPLP may be combined with other down payment assistance programs, including the NC 1st Home Advantage Down Payment.

Eligible borrowers must meet household income limits and sales price limits. In addition, borrowers must complete an approved home buyer education course and at least two hours of one-on-one pre-purchase counseling provided by a CPLP member Potential borrowers should first contact a CPLP member before signing a sales contract so they can be evaluated for home ownership readiness and develop an appropriate education and counseling plan.

While most borrowers complete an in-person or virtual home buyer education class offered by the CPLP member, you can also complete an approved online home buyer course  like eHome America.  

The Agency is offering eHome America for a special price of $35 to potential CPLP borrowers. After completing the course, you will receive a Certificate of Completion from eHome America. To get started, please click on the graphic below to register.

 

Please note that all CPLP borrowers must also complete at least 2 hours of one-on-one pre-purchase counseling provided by the CPLP member. Contact a CPLP member to discuss your home buyer education and counseling options.  

Our Self-Help Loan Pool (SHLP) provides affordable, zero interest, shared mortgage financing to help eligible buyers purchase homes sold by a SHLP member.

Eligible buyers must be participating in a self-help housing program whereby they participate in the construction or rehab of the home they are purchasing. In addition, they must also meet program underwriting requirements including household income limits and purchase a home that does not exceed program sales price limits. In addition, borrowers must complete an approved home buyer education course as well as at least 2 hours of one-on-one pre-purchase counseling provided by the SHLP member or a partnering agency. For more information, please contact a SHLP member to discuss your home buyer education and counseling options.