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 or buyers who have not owned a home within the last three years, City of Greensboro employees, Guilford County employees, Guilford County public school employees, Active-duty military members, Military veterans
What support do you get?
Current Greensboro materials describe Public Service Heroes assistance of up to $20,000, with an additional $10,000 bonus if the purchased home is in a designated reinvestment or redevelopment area. The 2025 city guidelines cap the base assistance at the lesser of 20% of purchase price or $20,000, or $30,000 when the area bonus applies.
Do you repay it?
The 2025 Greensboro guidelines describe an interest-free second mortgage with a term of up to 10 years and annual forgiveness. If the buyer sells or transfers the home, stops using it as a primary residence, or defaults on the first mortgage before full forgiveness, the unforgiven balance is due, subject to the city guideline recapture and net-proceeds limits.
How do you apply?
Contact Housing Consultants Group to review eligibility, work with an approved lender, and have the approved lender submit the full city application package for a Greensboro home purchase.
Application timing
An approved lender submits the application, and the City allows up to 15 business days from a complete lender submission to program approval.
Official source evidence
The current Greensboro program page says the Public Service Heroes option serves first-time buyers in qualifying public-service roles with household income above 80% and up to 120% of AMI, provides up to $20,000 plus a $10,000 area bonus, and requires a home in Greensboro city limits. The 2025 guidelines describe the assistance as an interest-free second mortgage with up to a 10-year term and annual forgiveness.
View official source
Last verified
2026-04-19
Effective date not captured.
Paid preview
What paid access adds for Housing Connect GSO Public Service Heroes 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
Housing Connect GSO Public Service Heroes Homebuyer Assistance
Amount: Current Greensboro materials describe Public Service Heroes assistance of up to $20,000, with an additional $10,000 bonus if the purchased home is in a designated reinvestment or redevelopment area. The 2025 city guidelines cap the base assistance at the lesser of 20% of purchase price or $20,000, or $30,000 when the area bonus applies.
Repayment: The 2025 Greensboro guidelines describe an interest-free second mortgage with a term of up to 10 years and annual forgiveness. If the buyer sells or transfers the home, stops using it as a primary residence, or defaults on the first mortgage before full forgiveness, the unforgiven balance is due, subject to the city guideline recapture and net-proceeds limits.
First-time buyer: Required
Timing: An approved lender submits the application, and the City allows up to 15 business days from a complete lender submission to program approval.
Risk checks preview
What gets flagged before you call a lender
- Housing Connect GSO Public Service Heroes Homebuyer Assistance requires a participating lender.
- Housing Connect GSO Public Service Heroes Homebuyer Assistance can trigger repayment if owner occupancy changes.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate Housing Connect GSO Public Service Heroes Homebuyer Assistance for this household and loan setup?
- Which events trigger repayment for Housing Connect GSO Public Service Heroes Homebuyer Assistance: transfer, non_owner_occupancy?
Action checklist preview
What you would do next
- Confirm the first-time buyer definition before you apply
- Review the official Program page for Housing Connect GSO Public Service Heroes Homebuyer Assistance
