$3 million+ commitment made for new NC homeownership assistance program - WNCT

RALEIGH, N.C. (WNCN) — A caller program, which conscionable started this week, present has much than $3 cardinal committed to it to assistance first-time homebuyers.

The N.C. Office of Recovery and Resiliency (NCORR) committed $3.2 cardinal to the Homeownership Assistance Program, officials said successful a release.

This programme aims to assistance first-time, and archetypal generation, homebuyers with “up to $30,000 successful down outgo assistance and up to 5% successful closing outgo assistance,” officials said.

Officials said this programme volition assistance debased and mean income families successful “16 counties federally designated by HUD arsenic astir impacted and distressed (MID) by hurricanes Matthew and Florence.”

To spot if your region is connected the list, CLICK HERE.

Officials said anyone wanting to use to the Homeownership Assistance Program volition request to beryllium pre-approved by a lender.

NCORR Director Laura Hogshead shared however this programme volition assistance areas that were deed hard by Matthew and Florence.

“The Homeownership Assistance Program’s extremity of assisting first-time homeowners aligns with our ngo of helping susceptible communities rebuild smarter and stronger aft hurricanes Matthew and Florence,” Hogshead said.

For much accusation connected the program, and however to apply, click here.