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Homebuyer Assistance Program

Spartanburg, South Carolina

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Income limit

80% AMI

Of area median income; varies by county and household size

Price cap

$251,000

Highest purchase price the program allows

Repayment

Forgivable

Forgiven after 20 years

What is Homebuyer Assistance Program?

Homebuyer Assistance Program is a forgivable loan for homebuyers in Spartanburg, South Carolina.

  • Duplicate source-fidelity record for the City of Spartanburg's Homebuyer Assistance Program (same program as record #4) capturing the parallel documentation through CommunityWorks Carolina, who administers homebuyer education and processes income certifications for the program. Same terms apply: up to $20,000 forgivable second mortgage; 0% interest; 20-year affordability term; first-time homebuyers within City of Spartanburg limits; CDBG/HOME/ARPA-funded.
  • Up to $20,000 in down-payment and/or closing-cost assistance for first-time homebuyers purchasing within City of Spartanburg corporate limits. Assistance is a zero-percent-interest deferred forgivable loan with up to a 20-year affordability term. Funded by CDBG, HOME Partnership Investment, and ARPA Treasury funds. (DUPLICATE: same program is documented twice in the source PDF and partner materials.
  • this entry preserves the second source citation through CommunityWorks Carolina.).
  • Funding comes from CDBG, HOME Partnership Investment Funds, and Treasury American Rescue Plan Act (ARPA) funds; HUD Federal and Treasury Federal.

Do you have to pay it back?

Homebuyer Assistance Program is forgiven after 20 years, so a buyer who stays that long does not repay it.

  • Repayment is triggered by Sale of home, transfer of title, conversion to non-residential use, failure to maintain as primary residence, or rental of the property within the affordability period triggers repayment of the unforgiven balance.
  • The assistance is recorded in 2 position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Homebuyer Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • On credit: No published minimum credit score; lender underwriting standards apply.
  • A completed homebuyer education course, through HUD-approved 8-Hour Homebuyer Education Class required; CommunityWorks Carolina (864-235-6331) administers training; class certificate valid for 12 months and must be on file before closing.
  • Residency: Property must be located within the corporate limits of the City of Spartanburg, SC. Priority for purchases in Beaumont, Highland, Northside, and South Converse communities.
  • Citizenship or immigration status: U.S. citizen, U.S. non-citizen national, or qualified alien per Title IV of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996.
  • Must be first-time homebuyer (no homeownership in past 3 years) per CDBG/HOME definition. Buyer must contribute at least $500 toward down payment and closing costs. Pre-qualification by a participating lender required prior to application. Property must pass City International Property Maintenance Code inspection and HUD Part 58.8 environmental review. Third-party home inspection required prior to purchase. Funds are first-come, first-qualified, first-served with priority for the Beaumont, Highland, Northside, and South Converse communities. Income certifications valid for 6 months. Citizenship/qualified-alien status required. Annual residency documentation may be required during the affordability period. Required disclosures include false-statements acknowledgment, public records, conflict-of-interest, and SSN authorization.

The program excludes

  • Manufactured homes
  • Purchases above the $251,000 price cap
  • 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?

Homebuyer Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

  • Household income at or below 80% of AMI for Spartanburg, SC HUD Metro FMR Area (FY2025): 1p $44,300; 2p $50,600; 3p $56,950; 4p $63,250; 5p $68,350; 6p $73,400; 7p $78,450; 8p $83,500. (For a family of 4, approximately $63,250.).
  • The limit applies to total household income, not only the borrower’s.
  • The program lists a maximum household size of 8.
  • 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?

Homebuyer Assistance Program caps the purchase price at $251,000.

  • Eligible property types include Single-family detached and attached owner-occupied dwellings located within Spartanburg city limits.
  • New construction is eligible.
  • Manufactured homes are not eligible.

Where does it apply?

Homebuyer Assistance Program serves buyers purchasing in Spartanburg, South Carolina.

  • The program targets specific areas: Priority neighborhoods: Beaumont, Highland, Northside, and South Converse within City of Spartanburg.

How do you apply?

Applications for Homebuyer Assistance Program go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through HUD-approved 8-Hour Homebuyer Education Class required; CommunityWorks Carolina (864-235-6331) administers training; class certificate valid for 12 months and must be on file before closing..

  2. Contact the administering agency to reserve funds

    Funds are reserved through First-come, first-qualified, first-served. Applications routed through CommunityWorks Carolina or City of Spartanburg Neighborhood Services Division; pre-award letter issued upon initial review; final approval pending executed contract and HUD environmental review., 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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