Raleigh, NC Down Payment Assistance for First-Time Home Buyers: What You Actually Qualify For
First-time buyers purchasing a home in Raleigh can access up to $60,000 in down payment assistance by stacking two programs: the NC Housing Finance Agency’s $15,000 forgivable loan and the City of Raleigh’s Homebuyer Assistance Program, which offers up to $45,000 (or $60,000 for homes in targeted areas). Wake County municipalities outside Raleigh city limits offer a separate program with up to $50,000 in forgivable assistance. All three programs are zero-interest, deferred loans with no monthly payments, designed to reduce the upfront cost of buying your first home in the Triangle.