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Greensboro #100Homes Program

Administered by: City of Greensboro Housing and Neighborhood Development / Housing Consultants Group · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $20,000 (up to $25,000 in redevelopment areas) (Forgivable Loan)

Zero-interest forgivable loan. Forgiveness terms follow the standard Greensboro Homebuyer Assistance Program structure. Buyers in designated redevelopment areas may receive an additional $5,000 bonus.

Eligibility

  • Income limits: Household income above 80% and below 120% of the Area Median Income.
  • First-time buyer required: Yes — Must be a first-time homebuyer or have not owned a home within the past 3 years.
  • Geographic restrictions: Home must be located within Greensboro city limits. No Greensboro residency requirement for applicants.
  • Homebuyer education required: Yes

How to Apply for Greensboro #100Homes Program

Step 1: Confirm you meet eligibility requirements. Your household income must be between 80% and 120% of the Area Median Income, and you must be a first-time homebuyer or have not owned a home in the past 3 years.

Step 2: Complete an 8-hour HUD-approved homebuyer education course through Housing Consultants Group. Contact them at (336) 553-0946, ext. 101.

Step 3: Get pre-approved with a Greensboro Homebuyer Assistance Program approved lender.

Step 4: Find a home within Greensboro city limits. If buying in a designated redevelopment area, you may qualify for an additional $5,000 bonus.

Step 5: Submit your application through your approved lender at the time of your loan application.

Notes

Part of the expanded Housing Connect GSO Homebuyer Assistance Program. Unlike the Public Service Heroes tier, the #100Homes offering has no employment requirement. Open to any buyer meeting income and first-time buyer criteria. Designated redevelopment areas include Dudley Heights, Eastside Park, Glenwood, Kings Forest, Mill District, Ole Asheboro, Random Woods, and Willow Oaks.

Cities Where This Program Is Available