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Cape Fear Habitat for Humanity Homeownership Program (SHLP)

Cape Fear Habitat for Humanity, Inc. · Wilmington, North Carolina

Last verified
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Assistance

$50,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

What is Cape Fear Habitat for Humanity Homeownership Program (SHLP)?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) is a first mortgage for homebuyers in Wilmington, North Carolina, administered by Cape Fear Habitat for Humanity, Inc.

  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from NCHFA Self-Help Loan Pool (SHLP).

How much assistance does it provide?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) offers up to $50,000 in assistance.

  • Amounts are the program's published maximums, not an offer — Cape Fear Habitat for Humanity, Inc. determines any individual award.

Do you have to pay it back?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) is a first mortgage and is repaid under the terms set by Cape Fear Habitat for Humanity, Inc..

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) sets its eligibility rules through Cape Fear Habitat for Humanity, Inc., and does not restrict applicants to first-time buyers.

The program requires

  • A completed homebuyer education course
  • Buyer must participate in construction or rehabilitation of the home (sweat equity). NCHFA SHLP provides shared 0% amortizing mortgage financing (20-30 year term, up to $50K; capped at $35K in CDBG Entitlement Cities). Must complete homebuyer education and 2 hrs one-on-one counseling. Homes are Habitat-built or rehabilitated. Contact Cape Fear HFH: 910-762-4744, 3310 Fredrickson Rd, Wilmington NC 28401.

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) limits household income to 80% of the area median income, which varies by county and household size.

  • Household income at or below 80% of Area Median Income.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) can be used for single_family.

Where does it apply?

Cape Fear Habitat for Humanity Homeownership Program (SHLP) is a federal program, so it is not limited to North Carolina.

How do you apply?

Applications for Cape Fear Habitat for Humanity Homeownership Program (SHLP) go through Cape Fear Habitat for Humanity, Inc., which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact Cape Fear Habitat for Humanity, Inc. to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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Cape Fear Habitat for Humanity Homeownership Program (SHLP), explained

A short, free course on Cape Fear Habitat for Humanity Homeownership Program (SHLP): what it is, who it is for, what the program sets and what your lender sets, where it applies and how to apply. Based on program data from August 2026. About ten minutes.

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