Shared-appreciation loan
People's Housing+ Community Land Trust Homeownership Program
New construction · Income limits · Single Family
Down payment assistance · Orleans Parish
Buying a home in New Orleans, LA
6 New Orleans programs and 8 statewide.New Orleans has 6 programs of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for New Orleans addresses
New Orleans’s own programs
Forgivable loan
Direct Homebuyer Soft Second Mortgage Assistance Program
First-time homebuyers · Income limits · Single-family homes, newly constructed homes, renovated homes, townhouses, condominiums within City of New Orleans / Orleans Parish.
Down-payment assistance
Jericho Road Affordable Homeownership Program
First-time homebuyers · New construction · Income limits · Single Family
Forgivable loan
Legacy Home Renovation Loan Program
Income limits · Single Family · 2-4 Unit · Townhouse
Down-payment assistance
New Orleans Area Habitat for Humanity Homeownership Program
New construction · Income limits · Single Family
Forgivable loan
The Green Mortgage Downpayment Assistance Program
Income limits · 1- to 4-unit primary residence (first-mortgage product limits unit count: FHA 1-2 units, Freddie Mac 1 unit, Fannie Mae 1-4 units, VA 1-2 units). Single-family detached, doubles, triplex, four-plex small multifamily. Move-in ready required.
The New Orleans marketThe New Orleans housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in New Orleans
- 46% single-familysingle-family
- 9.9% townhousetownhouse
- 22.8% 2–4 units2–4 units
- 20.8% 5+ unitscondo & apartment buildings (5+ units)
- 0.5% mobile & othermobile home & other
Condos count. 2 of New Orleans’s 6 local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When New Orleans’s homes were built
pre-19401970s2020+
73.7%
of New Orleans homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$88,600
County area median income, 4 people (HUD)HUD area median income, Orleans Parish, 4-person household (2026)
$56,631
New Orleans median household incomeMedian household income in New Orleans (Census, 2024)
16 of the 76 programs here set their income limit as a share of Orleans Parish’s area median income, adjusted for household size. See the published limits for Orleans Parish
Free help nearbyFree help near New Orleans
10 HUD-approved counseling agencies within 15 miles10 HUD-approved housing counseling agencies within 15 miles
6 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 6 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Louisiana and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
- FHLB Dallas Homebuyer Equity Leverage Partnership (HELP) - LouisianaUp to $20,000 · Assistance grant
- Louisiana Housing Corporation Mortgage Credit Certificate (MCC) ProgramUp to $2,000 · Mortgage credit certificate
- HOPE Credit Union Affordable Housing ProgramAssistance available · Down-payment assistance
New Orleans questions
Does New Orleans have its own down payment program?
Yes, 6: People's Housing+ Community Land Trust Homeownership Program, Direct Homebuyer Soft Second Mortgage Assistance Program, Jericho Road Affordable Homeownership Program, Legacy Home Renovation Loan Program, New Orleans Area Habitat for Humanity Homeownership Program and The Green Mortgage Downpayment Assistance Program. Each is for homes inside New Orleans.
Can I use assistance on a condo in New Orleans?
2 of New Orleans’s 6 local and county programs accept condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Orleans Parish?
Each program sets its own. 16 of the programs here set theirs as a share of HUD’s area median income for Orleans Parish, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near New Orleans?
HUD-approved housing counseling agencies teach homebuyer classes, and 10 agencies are within 15 miles of New Orleans. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
70112 · 70113 · 70114 · 70115 · 70116 · 70117 · 70118 · 70119 · 70121 · 70122 · 70123 · 70124 · 70125 · 70126 · 70127 · 70128 · 70129 · 70130 · 70131 · 70139 · 70140 · 70141 · 70142 · 70143 · 70145 · 70146 · 70148 · 70149 · 70150 · 70151 · 70152 · 70153 · 70154 · 70156 · 70157 · 70158 · 70159 · 70160 · 70161 · 70162 · 70163 · 70164 · 70165 · 70166 · 70167 · 70170 · 70172 · 70174 · 70175 · 70176 · 70177 · 70178 · 70179 · 70181 · 70182 · 70183 · 70184 · 70185 · 70186 · 70187 · 70189 · 70190 · 70195
Nearby in Orleans
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.