Winston-Salem Homebuyer Assistance Program

Administered by: City of Winston-Salem Community Development Division · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $14,800 or 20% of purchase price, whichever is lower (Forgivable Loan)

Forgiven after 10 consecutive years of owner-occupied homeownership.

Eligibility

  • Income limits: At or below 80% of Area Median Income; assets must not exceed $10,000
  • First-time buyer required: Yes — Must not have owned a home previously.
  • Geographic restrictions: Must purchase within Winston-Salem city limits.
  • Homebuyer education required: Yes

How to Apply for Winston-Salem Homebuyer Assistance Program

Step 1: Contact the City of Winston-Salem Community Development Lending Division at 336-727-8000. Complete homebuyer counseling through the Center for Homeownership. Contribute at least $1,000 of your own funds. Funds administered by Forsyth County on a first-come, first-served basis.

Visit program website

Notes

Administered by Forsyth County under contract through June 30, 2026. Primary mortgage must be fixed-rate (no ARM or balloon).

Cities Where This Program Is Available