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Guilford County Homebuyer Down Payment Assistance Program

Administered by:

Guilford County Planning and Development Department
· County · Forgivable Loan

Funding status: Active

How much assistance

Minimum $1,000; cannot exceed 20% of the purchase price

0% interest forgivable loan over a 5-year period. If you remain in the home for 5 years, the loan is fully forgiven.

Eligibility

  • Income limits:
    Household income at or below 80% of Area Median Income for Guilford County.
  • First-time buyer required: Yes
    Must not have owned a home in the past 3 years.
  • Geographic restrictions:
    Must purchase within Guilford County. Home must be used as primary residence.
  • Homebuyer education required: Yes

How to Apply for Guilford County Homebuyer Down Payment Assistance Program

Step 1: Contact Housing Consultants Group at 336-850-4040 for program information and to begin the application process. Applicants must have realtor representation. Funds are awarded on a first-come, first-served basis during the grant period (July 1 through June 30).

Notes

Funded through the HUD HOME Investment Partnership Program. Administered by Housing Consultants Group on behalf of Guilford County. This is a county-level program separate from the City of Greensboro programs and can potentially be stacked with city DPA. The county financing cannot exceed 20% of the purchase price.

Cities Where This Program Is Available