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Downpayment Assistance

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Senior Rent Relief

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Downpayment Assistance Program (DPA)

Unlock Homeownership in Lake Norman: Downpayment Assistance is NOW AVAILABLE!

For many aspiring homeowners in the Lake Norman area, the upfront cost of a downpayment can feel like a barrier to achieving their goal. We recognize this challenge and are thrilled to announce that a new Downpayment Assistance Program is now available and targeted for the Town of Cornelius homebuyers! The Town of Cornelius, in partnership with Lake Norman CDC, has launched a new Down Payment Assistance (DPA) Pilot Program designed to support homebuyers earning between 50% and 80% of the Area Median Income (AMI), who are purchasing a home in the Town of Cornelius, NC . 

 

Why this matters:

  • 💰 Stackable with other DPA programs

  • 🏡 Compatible with a wide range of mortgage products

  • 🤝 Locally funded and administered for maximum impact

  • 📍 Focused on Cornelius—a growing and vibrant community

  • LEARN HOW TO APPLY BELOW

 

Downpayment Assistance Program

Apply in 3 Easy Steps

1

STEP 1: Income Requirements

Click on the "More Info" button below to see if you meet the income requirements for the DPA Pilot Program

2

Step 2: Additional Requirements

Now that you've confirmed you meet the income requirements, let's review the other simple guidelines by clicking on the    "More Info" button below

3

Step 3: Complete the Application

The final step is to complete the application by clicking on the "More Info" button below and send it and other required documents to kfountain@lakenormancdc.org

Mailing Address

19837 S. Main Street

Cornelius, NC 28031

The Lake Norman CDC is supported by the Town of Cornelius
Contact Us

Office: 704-897-7340

kfountain@lakenormancdc.org

Tax Deductible Donations

As a 501c3 organization, all donations are tax deductible.

© 2025 Lake Norman CDC

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