Wilmington Home Ownership Pool (HOP)

Administered by: City of Wilmington Community Development & Housing Division · City · Deferred Loan

Funding status: Active

How much assistance

Up to $25,000 (Deferred Loan)

Deferred, zero-interest second mortgage. Forgiveness terms vary; contact the city for current details.

Eligibility

  • Income limits: At or below 80% of Area Median Income (AMI) for New Hanover County
  • First-time buyer required: No
  • Geographic restrictions: Must purchase a single-family home within Wilmington city limits.
  • Homebuyer education required: Yes

How to Apply for Wilmington Home Ownership Pool (HOP)

Step 1: Complete the city's mandatory Home Buyer Education class, then submit an application with required documents including credit report, pay stubs, bank statements, and tax returns to the City of Wilmington Housing Division. Call 910-341-7836 for class schedules and more information.

Visit program website

Notes

Funded through CDBG and HOME funds. Wilmington is one of NC's 24 CDBG Entitlement Cities.

Cities Where This Program Is Available

Available Statewide In