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    $37,750    $43,150    $48,550    $53,900
100% of AMI    $47,188    $53,938    $60,688    $67,375
115% of AMI    $54,266    $62,028    $69,791    $77,481
 *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 307, Carrboro, NC 27510.

                                                                                                                                                                                                     Revised 08/2015