Qualifications And How To Apply

To qualify for homeownership through Community Home Trust, applicants must meet the following criteria:

  • Must earn 80% or below the area median income (AMI). Applicants earning above 80% and no more than 115% of the AMI are limited to buying unsubsidized property in our inventory.*
  • Complete the following (all of which are FREE):
    • One-Hour Program Orientation
    • Eight-Hour First-Time Homebuyer Education Class
    • One-Hour Financial Counseling Session
  • The Home Trust home must be your primary residence. No investors.
Household Size 1 2 3 4
80% of AMI    $39,600    $45,250    $50,900    $56,550
115% of AMI    $56,925    $65,047    $73,169    $81,291
 *Income limits provided by HUD.

To download an application, click HERE. Submit completed applications to Homeownership Program Manager, Deanna Carson at dcarson@communityhometrust.org or P.O. Box 2315, Chapel Hill, NC 27515.

                                                                                                                                                                                                     Revised 08/2015