This is a great tool to buy with in Charlotte!
The House Charlotte program is a wonderful down payment assistance program that provides home buying education and financial assistance to prospective homebuyers. On average, buyers can expect to receive financial assistance of $7,500 and in certain cases, as much as $10,000 towards the purchase of a home.
Additionally, the program provides a special incentive to Police officers of up to $15,000 towards the purchase of a home.
The eligibility requirements of this generous program are as follows:
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Families must have 110% or less of the local median income.
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Participants must become certified by completing eight hours of pre-purchase homebuyer education.
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The home must be the family’s primary residence (not investment property).
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The home must be located in one of 87 designated neighborhoods throughout Charlotte.
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The purchase price of the home cannot exceed $147,000.
Tags: House Charlotte Funds