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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
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

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.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)