Doorway to Prosperity Grant

Doorway to Prosperity Grant is a grant for homebuyers in Statewide (True Homes Communities) County, North Carolina. The Doorway to Prosperity Grant is a need-based cash grant from the True Homes Foundation, the 501(c)(3) charitable arm of NC homebuilder True Homes. Provides up to $10,000 toward down payment and closing costs for qualifying buyers purchasing a True Homes new-construction home in North Carolina or South Carolina. Application reviewed by Foundation Board; awards discretionary. Cash grant (typically up to $10,000) toward down payment and closing costs for buyers purchasing a True Homes new-construction home. No repayment. Funding comes from True Homes Foundation, Inc. (501(c)(3)).

Doorway to Prosperity Grant is structured as a grant, so it is not repaid. Repayment is triggered by None - true grant. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Doorway to Prosperity Grant is open to homebuyers who will live in the home as their primary residence. On credit, the program states: No published minimum; lender underwriting governs. Residency requirement: Buyer must purchase a True Homes home in NC or SC. Buyer must purchase a True Homes new-construction home in NC or SC. Application reviewed by True Homes Foundation Board; need-based grant. Underwriting and award amount discretionary.

Doorway to Prosperity Grant limits household income to 110% of the area median income, which varies by county and household size. No published household-income cap; need-based determination by Foundation Board. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Doorway to Prosperity Grant caps the purchase price as follows: No published cap; tied to True Homes' product price points (typically $250K-$500K). Eligible property types include True Homes new-construction single-family detached homes only. New construction is eligible. Manufactured homes are not eligible.

Doorway to Prosperity Grant names active-duty service members, reservists and National Guard members, surviving spouses, law enforcement officers, firefighters, healthcare workers, and homebuyers with disabilities among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Doorway to Prosperity Grant serves homebuyers purchasing in Statewide (True Homes Communities) County, North Carolina. The program targets specific areas: True Homes communities in NC/SC; need-based with Foundation Board discretion.

Applications for Doorway to Prosperity Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Application via True Homes Foundation website; reviewed by Board on rolling basis. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.