Fraud Alert: If you have seen an announcement that the Agency is offering Section 8 Housing Vouchers, please be advised that the Agency does not distribute these vouchers and these claims are fraudulent. 

Your Home Awaits: June is Home Ownership Month

Valerie Sciacca
A hand placing a key in another person's hand

National Home Ownership Week began in 1995 to help increase home ownership across the nation and was expanded to be observed for the entire month of June in 2002. Since then, real estate agents, loan officers, housing counselors, the US Department of Housing and Urban Development and many more have come together every June to help spread the word to Americans that together we can help make home ownership happen for first-time buyers across the country. In honor of that commitment, we have provided our readers with information below on the resources we have to help make their dream of home ownership a reality. 

NC Home Advantage Mortgage™
All of our mortgage products are under our NC Home Advantage Mortgage™ umbrella, which offers down payment assistance up to 3% of the loan amount for first-time and move-up home buyers. Despite rising interest rates, the NC Home Advantage Mortgage™ provided 4,660 home buyers with the affordable mortgage option they needed to purchase a home in 2023. Visit the NC Home Advantage Mortgage™ webpage to learn more. 

NC 1st Home Advantage Down Payment
First-time home buyers and military veterans who qualify for an NC Home Advantage Mortgage™ may be eligible for an even bigger boost with our NC 1st Home Advantage Down Payment which offers $15,000 in down payment assistance. The NC 1st Home Advantage Down Payment helped 3,530 first-time buyers and military veterans last year to get them over the down payment hurdle. Visit the NC 1st Home Advantage Down Payment webpage to learn more. 

NC Home Advantage Tax Credit
The NC Home Advantage Tax Credit helps eligible first-time home buyers and military veterans save up to $2,000 a year on their federal taxes with a Mortgage Credit Certificate (MCC). This boost helped more than 650 new home buyers more easily afford their mortgages in 2023. Visit the NC Home Advantage Tax Credit webpage to learn how an MCC works. 

Community Partners Loan Pool (CPLP)
The CPLP is our most generous program with up to 25% down payment assistance or a maximum loan of $50,000 (whichever is less) for eligible low- and moderate-income home buyers. Assistance is provided as a zero interest, subordinate loan that must be combined with an NC Home Advantage Mortgage™ or a USDA Section 502 Direct loan. Visit the Community Home Buying Programs webpage to learn more.  

Self-Help Loan Pool (SHLP)
The SHLP works with participating Habitat for Humanity affiliates to provide zero interest, shared mortgage financing to help eligible low- and moderate-income buyers purchase a Habitat home. Eligible buyers must participate in the construction or rehab of the home they are purchasing, as well as meeting other requirements. Visit the Community Home Buying Programs webpage to learn more. 

The NC Housing Finance Agency is committed to providing safe, affordable housing opportunities to enhance the quality of life of North Carolinians. We have helped more than 133,420 home buyers since our creation and will continue to provide resources to make home happen for home ownership hopefuls across the state.

Want to learn more about how we have helped finance affordable housing opportunities? Our 50-year timeline has throwback photos and interesting facts about the Agency. Help us celebrate our 50th anniversary by checking it out! 

North Carolina Housing Finance Agency / 3508 Bush Street / Raleigh, NC 27609 / 919-877-5700

Disclaimer (please scroll and read, then proceed below)

All information contained on the following Web pages is obtained from the Agency’s books and records, and is believed to be accurate and reliable. Reference should be made to the official statement and operative documents of each series of bonds referred to herein for complete information on that issue. Because of the possibility of human and mechanical error as well as other factors, this information is provided "as is" without warranty of any kind and no representation or warranty, expressed or implied, is made, nor should any be inferred, as to the accuracy, timeliness, or completeness of this information. Under no circumstances shall North Carolina Housing Finance Agency have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any error (on account of neglect or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering this information, or (b) any direct, indirect, special, consequential, or incidental damages whatsoever, even if North Carolina Housing Finance Agency is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information. This information relates to bond issues of the North Carolina Housing Finance Agency that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the aforementioned information acknowledges that (i) the North Carolina Housing Finance Agency is not now by this document offering any bonds or other securities, nor soliciting an offer to buy any securities, (ii) this information is not to be construed as any description of the North Carolina Housing Finance Agency-such offerings are only made pursuant to the appropriate official statements of the North Carolina Housing Finance Agency, (iii) the information provided speaks only as of the date thereof and the North Carolina Housing Finance Agency has not in any way undertaken to update such information, and (iv) no representation is made as to the propriety or legality of any secondary market trading of the bonds or other securities of the North Carolina Housing Finance Agency by anyone in any jurisdiction. The financial condition of the North Carolina Housing Finance Agency may have changed since the date this information was prepared.

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