Cabell-Huntington-Wayne HOME Consortium Homebuyer Assistance

Administered by: City of Huntington Planning and Development Department · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $10,000 for down payment and closing costs (Forgivable Loan)

Non-interest-bearing deferred loan forgiven if the buyer remains in the home for the full term of the loan.

Eligibility

  • Income limits: Must meet HUD HOME income limits for Cabell or Wayne County (generally at or below 80% AMI)
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase within the boundaries of the Cabell-Huntington-Wayne Housing Consortium (City of Huntington, Cabell County, or Wayne County, WV).
  • Homebuyer education required: Yes

How to Apply for Cabell-Huntington-Wayne HOME Consortium Homebuyer Assistance

Step 1: Contact Shannon Stephens, HOME Program Manager, at (304) 696-5540. Complete HUD-required homebuyer education. Obtain a mortgage from a qualifying lender. The home must be an owner-occupied single-family residence.

Notes

Funded through HUD HOME Investment Partnerships Program via the Cabell-Huntington-Wayne Housing Consortium. Loan amount determined by borrower need up to $10,000 maximum.

Cities Where This Program Is Available