Steps to Buy a RALT Home

prospective homebuyers

To qualify for homeownership through the Raleigh Area Land Trust, applicants must meet the following criteria eligibility criteria:

• Must earn between Very Low (50%) to Low (80%) Income Limits set for Wake County, NC - see below.*

• Plan to use the RALT home as your primary residence. No rentals/investors.**

• Complete the following requirements:

  • Attend a Raleigh Area Land Trust info session

  • Submit an online Eligibility Application

  • Submit a full application to determine eligibility and be placed on the waitlist for future homes (link sent upon completion of Eligibility Application).

  • Complete 1-hour Financial Counseling provided by DHIC Homeownership Center

  • Complete 1-Hour CLT Program Orientation (provided after initial eligibility screening)

  • Complete 8-hour First-time Homebuyer Education Class (DHIC or from DHIC-approved providers)

Please refer to HUD for more information on Income Limits.

*Applicants earning below 50% may reach out to RALT staff about potential opportunities. Applicants earning above 80% are limited to buying unsubsidized property in our inventory. These properties will be marked as such. RALT currently does not have any unsubsidized properties.

**Subleases may be approved on a case-by-case basis.

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