Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
First-time homebuyers earning no more than 80 percent of AMI, Borrowers purchasing within the City of Raleigh, Buyers using an approved Raleigh participating lender, Enhanced-track buyers purchasing inside targeted geographic areas
What support do you get?
Traditional Homebuyer Assistance offers up to $45,000 for eligible citywide purchases. Enhanced Homebuyer Assistance offers up to $60,000 for eligible homes in Raleigh's targeted geographic areas.
Do you repay it?
The June 2025 borrower guide says the traditional track is a 0% deferred city loan for 20 years that becomes fully forgiven after 30 years of continued owner occupancy. The enhanced track is a 0% deferred city loan for 30 years, forgives half the principal after year 10, and leaves the remaining balance due at year 30. Enhanced assistance also carries a 10-year deed restriction that limits sale proceeds if the home is sold during that period.
How do you apply?
Complete the required homeownership education, confirm household income stays at or below 80 percent of AMI, get pre-approved through one of the City's approved lenders, and have that lender submit the Raleigh application package on your behalf.
Application timing
Complete the required homeownership class first, then work with an approved lender, who applies to the City on the buyer's behalf if the buyer is eligible.
Official source evidence
The current Raleigh page says the traditional track offers up to $45,000, the enhanced targeted-area track offers up to $60,000, and buyers must complete homebuyer education and work through an approved lender. The June 2025 borrower guide adds the traditional 20-plus-10 structure and the enhanced 30-year structure with a partial forgiveness event after year 10.
View official source
Last verified
2026-04-21
Effective date not captured.
Paid preview
What paid access adds for City of Raleigh Homebuyer Assistance
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
City of Raleigh Homebuyer Assistance
Amount: Traditional Homebuyer Assistance offers up to $45,000 for eligible citywide purchases. Enhanced Homebuyer Assistance offers up to $60,000 for eligible homes in Raleigh's targeted geographic areas.
Repayment: The June 2025 borrower guide says the traditional track is a 0% deferred city loan for 20 years that becomes fully forgiven after 30 years of continued owner occupancy. The enhanced track is a 0% deferred city loan for 30 years, forgives half the principal after year 10, and leaves the remaining balance due at year 30. Enhanced assistance also carries a 10-year deed restriction that limits sale proceeds if the home is sold during that period.
First-time buyer: Required
Timing: Complete the required homeownership class first, then work with an approved lender, who applies to the City on the buyer's behalf if the buyer is eligible.
Risk checks preview
What gets flagged before you call a lender
- City of Raleigh Homebuyer Assistance requires a participating lender.
- City of Raleigh Homebuyer Assistance must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate City of Raleigh Homebuyer Assistance for this household and loan setup?
- Which first-mortgage product must be paired with City of Raleigh Homebuyer Assistance, and what breaks eligibility?
Action checklist preview
What you would do next
- Confirm the first-time buyer definition before you apply
- Review the official Raleigh Homebuyer Assistance page for City of Raleigh Homebuyer Assistance
