New WebSite Aids Hunt for Affordable Housing

Press Contact Only:
Margaret Matrone, NCHFA, 919-877-5606,
Connie Helmlinger, NCHFA, 919-877-5607,

North Carolinians seeking affordable housing may now get help through the North Carolina Housing Finance Agency’s updated Web site, www.nchfa.com. The new site offers special sections for low- and moderate-income home buyers and renters.

First-time home buyers can access information about the agency’s low-cost, zero-down payment mortgages and downpayment assistance, home buying tips and mortgage calculators. By clicking on a map, buyers can find out which lenders offer N.C. Housing Finance Agency mortgages in their county and what income and sales price limits apply to them. (For example, buyers will learn that a family of three living anywhere in the state can qualify with an income up to $60,500. Income limits in metropolitan areas such as Raleigh are higher.)

Low-income renters can search an Affordable Apartment Locator to find rental apartments that the N.C. Housing Finance Agency has financed statewide. Those requiring special services can search a Supportive Housing Locator.

The Web site also includes sections for lenders, real estate agents, home builders, rental developers, and nonprofit agencies and local governments.

The North Carolina Housing Finance Agency is a self-supporting state agency that has financed nearly $9 billion of homes and apartments. Its First-Time Home Buyer Mortgages have enabled 67,000 families and individuals to purchase homes.

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North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

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All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

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