North Carolina Indian Housing Authority is located in Fayetteville, NC and provides the Self-Help Housing program. The Mutual Self Help Housing Program is about offering home ownership to First Time Homebuyers with low and very low income (80% of the median income or below).
You will need to be credit worthy (credit counseling available), meet USDA-RD loan requirements, and have a reliable source of income. You will be working with several families helping each other in the process of building each family’s house. Participation in the building process is required but no experience necessary.
The program takes hard work, commitment, and willingness to work as a group on each other’s home. The best part of the program is your loan payment. Your loan payment is lower than other home loan payments as it is based on your income and not the current interest rate. Your lender is the United States Department of Agriculture (USDA) Rural Housing Service.
The North Carolina Indian Housing Authority is paid through the Self-Help Housing program grant to assist you in the loan process, first time home buyers education, the entire construction process itself, and post home ownership education to help you keep your home.
All of our Self Help Houses are ENERGY STAR Qualified. An ENERGY STAR qualified new home performs better for the homeowner and the environment thanks to a variety of energy-efficient features.