Cabell-Huntington-Wayne HOME Consortium Homebuyer Assistance
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.