City of Raleigh Housing & Neighborhoods Department
Browse all grants to compare opportunities across agencies.
Latest opportunities (1)
City of Raleigh Housing & Neighborhoods DepartmentNCFirst-Time HomeownerCity of Raleigh zero interest deferred payment second mortgage that covers down payment and closing costs up to forty five thousand dollars in most areas of the city and up to sixty thousand dollars in designated target areas.
Updated: Dec 6, 2025
Raleigh’s Homebuyer Assistance Program offers up to $45,000–$60,000 in zero-interest deferred loans to help first-time buyers overcome down payment and closing cost barriers.
Eligible for: First-time homebuyers purchasing an owner-occupied home within Raleigh city limits who meet income limits, property price caps, and credit g…
Funding: Offers zero interest deferred loans up to forty five thousand dollars in most areas of Raleigh and up to sixty thousand dollars in designated target areas to cover down payment and closing costs for eligible buyers.Deadline: Rolling, first-come first-served while program funding is availableRollingLocalhomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerRaleigh residentdown payment assistanceclosing cost assistance0% interestdeferred loancity programtarget-area incentivelarge assistance amount