Winston-Salem Down Payment Assistance Program

City of Winston-Salem Community & Business Development

Available Down Payment

About This Program

Forgivable loan for down payment and closing cost assistance for first-time homebuyers purchasing within Winston-Salem city limits. Loan is forgiven after 10 years of owner-occupancy. Must complete homebuyer education course.

Forgivable loan for down payment and closing costs

Key Details

  • Forgivable loan up to $15,000
  • For first-time homebuyers
  • Income at or below 80% AMI
  • Must purchase within Winston-Salem city limits
  • Forgiven after 10 years of owner-occupancy

How to Apply

Deadline: Applications accepted year-round, subject to funding

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