DownPaymentMap

Asheville NC Down Payment Help: HACA Mortgage Subsidy

Housing Authority of the City of Asheville Homeownership ProgramAdministered by Housing Authority of the City of AshevilleAssistanceNorth Carolina

Reviewed by Tyler Thompson, holds real estate licenses in North Carolina and South Carolina

Published · Facts verified against the official source

What Is Housing Authority of the City of Asheville Homeownership Program?

Housing Authority of the City of Asheville Homeownership Program is a North Carolina homebuyer program, a form of down payment and mortgage assistance, run by the Housing Authority of the City of Asheville (HACA). It lets families use an existing housing subsidy toward homeownership and mortgage payments, which HACA describes as a mortgage subsidy program, for homes in Buncombe County.

The record states no maximum dollar amount. How long help lasts depends on the mortgage: 15 years with a mortgage of 20 years or more, and 10 years with a mortgage of 20 years or less. For elderly or disabled families, assistance is provided indefinitely, subject to program qualifications. You can also compare other North Carolina down payment assistance programs.

Housing Authority of the City of Asheville Homeownership Program at a glance

Kind of help
A assistance.
Interest and forgiveness
With a 20-year or more mortgage, HACA states assistance is provided for 15 years; with a 20-year or less mortgage, assistance is provided for 10 years. For elderly or disabled families, assistance is provided indefinitely, subject to program qualifications.
First-time buyers only?
Yes. You must be a first-time buyer.
Where
Buncombe County.
Homebuyer education
Required.
Current funding status
Funding status could not be confirmed.
Who runs it
Housing Authority of the City of Asheville

Check your eligibility

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Who Qualifies for the Asheville Homeownership Program?

HACA states these requirements.

  • First-time buyers: you must be a first-time homeowner.
  • Rental assistance: you must have received rental assistance through HACA for at least one year.
  • Employment: at least one year of continuous employment, except for elderly or disabled households.
  • Mortgage: you must qualify for a mortgage through a reputable lender in Buncombe County.
  • Homebuyer education: you must complete a homebuyer education class as part of the program qualification process.
  • Income limits, credit score and price limit: not stated in the public materials.

HACA decides who qualifies.

Where Can You Buy With the Asheville Homeownership Program?

HACA directs buyers to look for homes in Buncombe County, North Carolina. The program is run by the Housing Authority of the City of Asheville.

Alamance CountyAlexander CountyAlleghany CountyAnson CountyAshe CountyAvery CountyBeaufort CountyBertie CountyBladen CountyBrunswick CountyBuncombe CountyBurke CountyCabarrus CountyCaldwell CountyCamden CountyCarteret CountyCaswell CountyCatawba CountyChatham CountyCherokee CountyChowan CountyClay CountyCleveland CountyColumbus CountyCraven CountyCumberland CountyCurrituck CountyDare CountyDavidson CountyDavie CountyDuplin CountyDurham CountyEdgecombe CountyForsyth CountyFranklin CountyGaston CountyGates CountyGraham CountyGranville CountyGreene CountyGuilford CountyHalifax CountyHarnett CountyHaywood CountyHenderson CountyHertford CountyHoke CountyHyde CountyIredell CountyJackson CountyJohnston CountyJones CountyLee CountyLenoir CountyLincoln CountyMcDowell CountyMacon CountyMadison CountyMartin CountyMecklenburg CountyMitchell CountyMontgomery CountyMoore CountyNash CountyNew Hanover CountyNorthampton CountyOnslow CountyOrange CountyPamlico CountyPasquotank CountyPender CountyPerquimans CountyPerson CountyPitt CountyPolk CountyRandolph CountyRichmond CountyRobeson CountyRockingham CountyRowan CountyRutherford CountySampson CountyScotland CountyStanly CountyStokes CountySurry CountySwain CountyTransylvania CountyTyrrell CountyUnion CountyVance CountyWake CountyWarren CountyWashington CountyWatauga CountyWayne CountyWilkes CountyWilson CountyYadkin CountyYancey County
Covers Buncombe County. Where the program applies, from its approved record.

Are Asheville Homeownership Program Slots Open Right Now?

Funding status is unknown. HACA's program page does not say that funds or homeownership slots are available now, though it provides an active interest form. This was last checked on October 5, 2026.

How to Apply for the Asheville Homeownership Program

Complete and return the Homeownership Interest Form, and a Homeownership Advisor will contact you. You can also return the form in person to a HACA office or development. For questions, call HACA at 828-258-1222.

Questions about Housing Authority of the City of Asheville Homeownership Program

Who can use the Asheville Homeownership Program?

First-time homeowners who have received rental assistance through HACA for at least one year and who can get a mortgage through a reputable lender in Buncombe County.

How long does Asheville Homeownership Program assistance last?

Fifteen years with a mortgage of 20 years or more and 10 years with a mortgage of 20 years or less. For elderly or disabled families it is provided indefinitely, subject to program qualifications.

Do I need to be employed to use the Asheville Homeownership Program?

At least one year of continuous employment is required, except for elderly or disabled households.

Is homebuyer education required for the Asheville Homeownership Program?

Yes. You must complete a homebuyer education class as part of the program qualification process.

Can repeat buyers use the Asheville Homeownership Program?

No. HACA states you must be a first-time homeowner to participate.

How do I start with the Asheville Homeownership Program?

Complete and return the Homeownership Interest Form. A Homeownership Advisor will contact you.

Complete Housing Authority of the City of Asheville Homeownership Program program record

The nineteen things a buyer needs to know, in the same order on every program page, each checked against the program’s official sources. Where the program does not state one, this says so.

  • 19 program details reviewed; 11 stated by the program
  • 2 official sources checked from Housing Authority of the City of Asheville
  • Last verified October 6, 2026
  • Current funding status could not be confirmed
View all 19 verified program details ↓

  1. 1 of 19

    Program name

    Housing Authority of the City of Asheville Homeownership Program

    From the official source

  2. 2 of 19

    Who runs it

    Housing Authority of the City of Asheville

    828-258-1222

    From the official source

  3. 3 of 19

    Kind of help

    A assistance.

    Existing housing subsidy may be used toward homeownership/mortgage payments; HACA describes this as a mortgage subsidy program.

    From the official source
    • “The Homeownership Program works like the rental subsidy program with one key difference: the mortgage subsidy program provides an opportunity for you to achieve the American Dream of Homeownership.”

      https://haca.org/resident-services/ · Web page, Homeownership Program > About the Program

    • “If you are currently receiving housing assistance through the Asheville Housing Authority, you can continue to use your subsidy towards owning a home.”

      https://haca.org/resident-services/ · Web page, Homeownership Program > About the Program

  4. 4 of 19

    Maximum amount

    The program does not state this. Ask the administrator before relying on it.

  5. 5 of 19

    Amount tiers

    The program does not state this. Ask the administrator before relying on it.

  6. 6 of 19

    Forgiveness, interest and term

    With a 20-year or more mortgage, HACA states assistance is provided for 15 years; with a 20-year or less mortgage, assistance is provided for 10 years. For elderly or disabled families, assistance is provided indefinitely, subject to program qualifications.

    From the official source
    • “With a 20-year or more mortgage, HACA will assist you for 15 years. With a 20-year or less mortgage, assistance is provided for 10 years. For elderly or disabled families, assistance is provided indefinitely — however, you must still meet program qualifications.”

      https://haca.org/resident-services/ · Web page, Frequently Asked Questions > How long will I receive mortgage assistance?

  7. 7 of 19

    Income limit

    The program does not state this. Ask the administrator before relying on it.

  8. 8 of 19

    First-time buyer rule

    Yes. You must be a first-time buyer.

    You must be a first-time homeowner to participate in the Homeownership Program.

    From the official source

  9. 9 of 19

    Maximum home price

    The program does not state this. Ask the administrator before relying on it.

  10. 10 of 19

    Other must-know rules

    At least one year of continuous employment is required, except for elderly or disabled households; applicant must qualify for a mortgage through a reputable lender in Buncombe County and must have received rental assistance through HACA for at least one year.

    From the official source
    • “At least one year of continuous employment required. Elderly or disabled households are excluded from this requirement. You must be able to qualify for a mortgage through a reputable lender in Buncombe County. You must have been receiving rental assistance through the Asheville Housing Authority for at least one year.”

      https://haca.org/resident-services/ · Web page, Eligibility > Employment Requirement / Mortgage Qualification / Rental Assistance History

  11. 11 of 19

    Where it applies

    Buncombe County.

    The next step is to find a reputable real estate agent to start looking for homes in Buncombe County.

    From the official source
    • “The next step is to find a reputable real estate agent to start looking for homes in Buncombe County.”

      https://haca.org/resident-services/ · Web page, Frequently Asked Questions > What happens after being approved by a lender?

  12. 12 of 19

    Current funding status

    Funding status could not be confirmed.

    The official program page does not state that funds or homeownership slots are currently available; it provides an active interest form.

    Checked 2026-10-05.

    From the official source

  13. 13 of 19

    How to apply

    Complete and return the Homeownership Interest Form; a Homeownership Advisor will contact the applicant. The form may also be returned in person to a HACA office or development.

    From the official source
    • “Please complete this form and a Homeownership Advisor will contact you. You may also return this form in person to any HACA office or development — 165 South French Broad Ave., Asheville, NC 28802.”

      https://haca.org/resident-services/ · Web page, Get Started > Homeownership Interest Form

    • “Homeownership Program Interest Form”

      https://haca.org/resident-services/ · Web page, Get Started > Homeownership Interest Form

  14. 14 of 19

    Official source

    https://haca.org/resident-services/

  15. 15 of 19

    Dates

    The program does not state this. Ask the administrator before relying on it.

  16. 16 of 19

    Report a mistake

    Use the form on this page.

  17. 17 of 19

    Credit requirements

    The program does not state this. Ask the administrator before relying on it.

  18. 18 of 19

    Eligible loan types

    The program does not state this. Ask the administrator before relying on it.

  19. 19 of 19

    Homebuyer education

    Required.

    You must complete a homebuyer education class as part of the program qualification process.

    From the official source
    • “You must complete a homebuyer education class as part of the program qualification process.”

      https://haca.org/resident-services/ · Web page, Eligibility > Homebuyer Education

Report a mistake

If a figure here does not match the program’s own terms, tell us. Every report is read by a person and checked against the official source before the record changes.

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Programs differ in how much they give, who they are for, where they apply and how they are repaid. These may be worth comparing.

Compare all North Carolina programs →

Official sources for Housing Authority of the City of Asheville Homeownership Program

The facts on this page were taken from these sources. Read the program’s own terms there before you rely on a figure.

Visit the official source →

Program rules can change. Confirm current terms with Housing Authority of the City of Asheville or a participating lender before you rely on a figure. Record version 1.

Educational information, not a loan offer or an eligibility decision. Read the disclaimer or how we verify programs.