The Family Focus Guide helps families and individuals, in and around the Fayetteville area, find resources in our community.
If you have a service-focused organization that serves families in the Fayetteville, Cumberland County area and would like to be listed, please email us at [email protected].
Subsidized Home Purchase
This project is sponsored and supported by the North Carolina Housing Finance Agency and provides down payment assistance of 20% up to $25,000 (whichever is less) to low and very-low income families who need extra money to obtain a home mortgage. The $25,000 is a deferred second mortgage. The minimum loan amount is $7,500. Except for the minimum loan amount requirement all loan amounts should reflect the borrower’s actual assistance needed to make the home affordable. All borrowers must invest a minimum of $750.00 of their personal funds into the transaction. In addition, borrowers should have accessible assets equal to one months’ total house payment remaining on deposit after loan closing.
The funds received from the North Carolina Housing Finance Agency (NCHFA), is a deferred 2nd mortgage. After the first mortgage is paid, then you start making payments on the 2nd mortgage. The 2nd mortgage is interest free during the payoff of the 1st mortgage.
Families must be a first time home-buyer or have not owned a home as their principal residence during the past three years.
The Women's Business Center (WBC) provides technical assistance and support to women entrepreneurs who are looking to start or expand their small businesses. We provide assistance to women in the phrases of small business:start up assistance,, education/training, finance, management and marketing.
The New Choices Program is designed to help displaced homemakers make the often difficult transition from the home into the work force. It provides individuals with job skills and education to promote confidence and economic self-sufficiency.
The Lease to Home Program is an innovative program focused on assisting people in transition from homelessness to home ownership. The main purpose of this program is to offer individuals and families from all backgrounds an affordable and safe place to live.This includes rentals as well as the opportunity to become home owners.
The Mutual Self Help Housing Program is about offering home ownership to First Time Home-buyers with low and very low income (80% of the median income or below). You will need to be credit worthy (credit counseling available), meet USDA-RD loan requirements, and have a reliable source of income. You will be working with several families helping each other in the process of building each families house. Participation in the building process is required but no experience necessary. The program takes hard work, commitment, and willingness to work as a group on each others home. The best part of the program is your loan payment. Your loan payment is lower than other home loan payments as it is based on your income and not the current interest rate. Your lender is the United States Department of Agriculture (USDA) Rural Housing Service. The North Carolina Indian Housing Authority is paid through this grant not by you to assist you in loan process, first time home buyers education, the entire construction process itself and post home ownership education to help you keep your home.