Qualifications And How To Apply

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

  • Must be a first time homebuyer or not have owned a home within the last three years. There are special exceptions for displaced homemakers.
  • 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.
  • Must live or work in Orange County. Some properties require a minimum of one year prior to closing.
  • The Home Trust home must be your primary residence. No investors.
Family size 1 2 3 4
80% of AMI $37,950 $43,350 $48,750 $54,150
100% of AMI $47,438 $54,188 $60,938 $67,688
115% of AMI $54,554 $62,316 $70,079 $77,841

Applicants must complete a one hour orientation and an eight hour First Time Homebuyers’ Education class. 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.