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Get Matched Free →Finance New Orleans Green Mortgage Program
Funding status: Active
How much assistance
Up to $25,000 as a 0% interest second mortgage for down payment or closing costs, plus a $2,500 Green Home Improvement Stipend
Buyers under 80% AMI receive a 5-year forgivable loan. Buyers between 80-140% AMI receive a 30-year deferred loan at 0% interest with option to defer repayment. Borrower must remain in home as primary residence.
Eligibility
- Income limits: Up to 140% of Area Median Income (AMI). Buyers under 80% AMI receive forgivable terms; buyers between 80-140% AMI receive deferred repayment terms.
- First-time buyer required: No
- Geographic restrictions: Must purchase within the City of New Orleans.
- Homebuyer education required: Yes
How to Apply for Finance New Orleans Green Mortgage Program
Apply through a Finance New Orleans participating lender. Complete a homebuyer education course. After closing, schedule a free Whole Home Energy Assessment to unlock the $2,500 Green Home Improvement Stipend.
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