See programs you qualify for
Get Matched Free →Raleigh Traditional Homebuyer Assistance Program
Funding status: Active
How much assistance
Up to $45,000 (Zero-Interest Loan)
Deferred — no payments due until home is sold, transferred, or no longer primary residence. 10-year deed restriction limits sales proceeds if sold within 10 years.
Eligibility
- Income limits: At or below 80% AMI for Wake County. 1-person: $63,350; 2-person: $72,400; 3-person: $81,450; 4-person: $90,650; 5-person: $97,900 (2025 HUD guidelines).
- Purchase price limit: $384,750
- First-time buyer required: Yes — Have not owned a home as primary residence in the past 3 years (HUD definition)
- Geographic restrictions: Must purchase within Raleigh city limits. Eligible property types: single-family homes, townhomes, or condominiums.
- Homebuyer education required: Yes
Notes
Updated March 2026. Income limits updated to reflect current HUD AMI figures. Zero-interest deferred second mortgage. City contracts with DHIC Inc for homebuyer counseling and education — applicants must complete DHIC homeownership class. Can be layered with NCHFA programs. Source: raleighnc.gov.