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Get Matched Free →Fayetteville Homebuying HERO Program
Funding status: Active
How much assistance
Up to $20,000 for Citizen HERO; up to $30,000 for Public Service HERO and City Employee HERO
Citizen HERO and Public Service HERO: 0% interest loan forgiven over a 10-year affordability period. City Employee HERO: 0% interest loan forgiven over a 5-year affordability period.
Eligibility
- Income limits: Citizen HERO and Public Service HERO: gross income at or below 120% AMI adjusted for family size. City Employee HERO: gross income at or below 140% AMI adjusted for family size.
- First-time buyer required: Yes — Must not have had principal ownership of a property within a three-year period, per HUD definition.
- Geographic restrictions: Home must be within the City of Fayetteville limits.
- Homebuyer education required: Yes
How to Apply for Fayetteville Homebuying HERO Program
Complete a HUD-approved homebuyer education workshop through Kingdom CDC (910-606-3388). Get pre-approved for a mortgage with a participating lender. Find a single-family home within Fayetteville city limits. Submit your application to the City of Fayetteville Economic and Community Development department.
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