See programs you qualify for
Get Matched Free →New Century IDA Matched Savings Program
Funding status: Active
How much assistance
Up to 6:1 match on savings (save $2,000, receive up to $12,000)
Match funds provided at closing as down payment assistance. No repayment required.
Eligibility
- Income limits: Must meet income guidelines (low to moderate income)
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Must be a resident of Winston-Salem/Forsyth County.
- Homebuyer education required: Yes
How to Apply for New Century IDA Matched Savings Program
Step 1: Contact Experiment in Self-Reliance at 336-722-9400, extension 160. Enroll in the IDA program, complete economic literacy training and first-time homebuyer training, and work with an assigned Success Coach to build matched savings toward a down payment.
Notes
Highest per capita IDA success rate in the nation with over 525 homeowners placed. Match ratio varies (2:1 to 6:1). Includes monthly IDA classes and Success Coach meetings.