June marks National Homeownership Month—a celebration with roots going back to 1995, when President Clinton launched the National Homeownership Strategy to help more Americans realize the dream of owning a home. Later designated officially as Homeownership Month in 2002 under President George W. Bush, the month shines a spotlight on the economic and personal benefits of homeownership—and the importance of making it accessible to more individuals and families.
Big thanks to the city editors at RALtoday for reminding us in this morning’s newsletter that a hometown effort right here in the City of Raleigh offers a truly impactful resource for first-time homebuyers looking to make their move.
The City of Raleigh’s Homebuyer Assistance Program provides eligible buyers with up to $60,000 in financial support for down payment and closing costs. Yes, $60,000—and it’s forgivable.
Here’s a quick breakdown of how the program works:
- 📍 You must be a first-time homebuyer (or haven’t owned a home in the last three years).
- 💵 Forgivable loans of up to $60,000 are available based on your household income.
- 🏡 Eligible properties must be located within Raleigh city limits and serve as your primary residence.
- 🤝 Homebuyer education is required, so you’re equipped with the knowledge and tools to succeed.
For full details and eligibility info, visit the City of Raleigh’s official program page: https://raleighnc.gov/housing/services/homebuyer-assistance.
If you’ve been dreaming about turning your rent check into equity, it’s time to explore what’s possible. Whether you’re just starting the conversation or ready to take the next step, we’ll guide you with clarity and care.
Reach out today, and let’s create your roadmap for moving from renting to owning. Start by investing in yourself.
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