(Fayetteville, N.C.) – Fayetteville residents can take advantage of new resources that ease the process of home buying, especially for first-time homeowners. Homebuyer classes are on the fourth Saturday of each month. The next session is Saturday, June 25.
The City of Fayetteville and Kingdom Community Development Corporation staff announce an enhanced First Time Homebuyer Workshop program that will act as a gateway opportunity for individuals and families actively seeking to purchase a home and secure approval for a mortgage.
The free workshops, which will be returning in-person for the first time since 2020, will primarily focus on supporting and empowering low-to-moderate income families as they seek out housing opportunities and economic stability in neighborhoods across Fayetteville.
Previously, the City and Kingdom CDC provided similar workshops, but the new program expands on prior success and offers participants the opportunity to identify available down payment assistance and financing options.
“After a long hiatus from in-person workshops due to COVID-19, we are excited to again partner with the City of Fayetteville to launch our first in-person workshop since 2020,” Kingdom CDC Executive Director Carl Manning said. “This and other future workshops are free, so now is the time to come and learn about the City’s newly revised down payment assistance program and how Kingdom CDC can help you become a homeowner.”
Down payment assistance for eligible residents will provide up to $20,000 for eligible applicants purchasing their first home. Income limits vary by household size. Eligibility is determined by U.S. Department of Housing and Urban Development Area Median income limits. A family of four is eligible if the household gross income does not exceed $53,300 annually.
The first step to access the down payment program is to attend the new Homebuyer Workshop. Interested individuals can learn more about the workshop schedule and programs by calling Economic and Community Development at 910-433-1590.
“Fayetteville is America’s Can Do City,” City Manager Doug Hewett said. “Our hardworking team members believe this community should be a safe, secure and economically thriving place to live, work and play. Homeownership provides families and individuals a sense of safety and that’s important so they can seize opportunities right here that include education and economic stability.”
More information about homebuyer programs is available at online.
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