City of Florence North Pointe Homebuyer Assistance
Funding status: Active
How much assistance
Up to $30,000 (Forgivable Loan)
Forgiven after maintaining the home as primary residence for the full loan term.
Eligibility
- Income limits: Must meet income eligibility requirements (low to moderate income)
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Must purchase a newly constructed home in North Pointe Subdivision in Florence, SC.
- Homebuyer education required: Yes
How to Apply for City of Florence North Pointe Homebuyer Assistance
Step 1: Contact the City of Florence Department of Community Services at (843) 665-3175 for availability and application details. Complete a homebuyer education class, get pre-approved by a lender, and provide at least $500 of your own funds toward the purchase.
Notes
Down payment and closing cost assistance for newly constructed homes in the North Pointe Subdivision. Provided as a deferred, forgivable second mortgage.