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. Applicants earning between 80% and 115% of the area median income are limited to buying unsubsidized property in our inventory.
  • Applicants must complete a one hour program orientation and an eight hour First Time Homebuyer Education class. Both classes are FREE to attend.
  • The Home Trust home must be your primary residence. No investors.
Family size 1 2 3 4
80% of AMI    $36,800    $42,050    $47,300    $52,550
100% of AMI    $46,000    $52,563    $59,125    $65,688
115% of AMI    $52,900    $60,447    $67,994    $75,541

To download an application, click HERE. Submit completed applications to Administrative Assistant, Felicia Stroud at fstroud@communityhometrust.org or P.O. Box 307, Carrboro, NC 27510.

                                                                                                                                                                                                     Revised 01/2014