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Get Matched Free →Buncombe County Down Payment Assistance Program
Funding status: Active
How much assistance
Up to 10% of the affordable home purchase price
Non-forgivable 0% interest loan. Repayment deferred until resale or transfer of the property.
Eligibility
- Income limits: At or below 80% AMI for Buncombe County
- First-time buyer required: Yes —
- Geographic restrictions: Must purchase in Buncombe County.
- Homebuyer education required: Yes
How to Apply for Buncombe County Down Payment Assistance Program
Step 1: Complete a homebuyer education course. Step 2: Contact Mountain Housing Opportunities or Asheville Area Habitat for Humanity, the two organizations that administer the county's DPA funds. Step 3: Verify your income is at or below 80% AMI. Step 4: Find an affordable home for sale in Buncombe County. Step 5: Apply through the administering organization. Step 6: Contact Buncombe County Community Development at (828) 250-5560 for more information.
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