CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program is a forgivable loan for homebuyers in Bluffton, South Carolina, administered by CommunityWorks Carolina. Town of Bluffton employees who are first-time homebuyers can receive up to $25,000 in down payment and/or closing cost assistance. Assistance is a 0% interest loan forgiven after 5 years if the employee remains employed with the Town. Assistance amounts are tiered by AMI, with up to $25,000 for those below 80% AMI. Property must be in Bluffton zip codes 29909 or 29910. Limited annual budget applies. Up to $25,000 forgivable DPA. 0% interest, no monthly payments. Forgiven after 5 years of employment. Can be used to buy down interest rate. Available to all income levels (tiered amounts). Funding comes from Town of Bluffton.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program offers up to $25,000 in assistance. The program asks homebuyers to contribute $1,000 minimum buyer contribution. Amounts are the program's published maximums, not an offer — CommunityWorks Carolina determines any individual award.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program is forgiven after 5 years, so a homebuyer who stays that long does not repay it. Repayment is triggered by Separation from Town of Bluffton employment before 5-year term. The assistance is recorded in 2nd position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Orientation/educational workshop (provider not specified). Employer-restricted to Town of Bluffton employees. Limited annual budget on first-come, first-served basis. Amount per employee per fiscal year subject to budgetary constraints. Note: Beaufort Memorial and Beaufort-area programs already in catalog — this is Town of Bluffton employees only.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program limits household income to 80% of the area median income, which varies by county and household size. Tiered: up to $25,000 at <80% AMI; $20,000 at 80-119% AMI; $15,000 at 120-139% AMI; $10,000 at 140%+ AMI. Uses Beaufort County AMI (2025 4-person 80% AMI = $88,100). Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program can be used for Single Family. New construction is not eligible. Manufactured homes are not eligible.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program is limited to employees of Town of Bluffton (past initial probationary period, in good standing). Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program serves homebuyers purchasing in Bluffton, South Carolina. The program targets specific areas: Bluffton zip codes 29909 and 29910 only.

Applications for CommunityWorks Town of Bluffton Employer Assisted Homebuyer Program go through CommunityWorks Carolina, which publishes the current terms and the application steps on its own site. 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.