First Time Homebuyer Assistance

This program provides down payment and closing cost assistance of up to $5,000 to eligible first time homebuyers. All potential recipients of these funds are required to attend a first time homebuyers education course.


The assistance is in the form of a second mortgage that is forgiven in increments annually over a 5-year period, depending on the program. The applicant provides $500 earnest money that is applied to the down payment and may choose a home anywhere within the city limits of Rock Hill. The applicant must then select a lender to provide the first mortgage.

All recipients of monetary assistance through this program are those households living at or below 80% of the area median income. 

If you are interested in participating in this program, fill out our pre-screening application and we will get in touch with you soon!