House Charlotte Program- Are you Eligible???

Dated: 01/07/2019

Views: 35


Program Features

The HouseCharlotte program provides 5, 10, or 15-year, deferred, forgivable loans to qualified  applicant’s .  Funds can be used to cover downpayment, closing cost, and interest rate buy down.

 

  • Funding up to $8,500 for families with household income at or below 80% Area Median Income (AMI) purchasing within Charlotte City limits.
  • Funding up to $10,000 for Public Service Employees with household income at or below 80% AMI purchasing within Charlotte City limits. 
  • Funding up to $5,000 for families with household income above 80% AMI, up to 110% AMI purchasing in select HouseCharlotte designated Neighborhoods Profile Areas (NPAs).
  • PILOT PROGRAM – Up to $17,000 for families with household income at or below 80% AMI purchasing in select High Cost City of Charlotte NPA’s.
     

Eligibility

  • Families with household income that is 110% or less of the HUD Area Median Income are eligible for assistance
  • Participants must complete a pre-purchase Homeownership program through a HUD-approved Housing Counseling Agency.
  • The home must be a family’s primary residence and be located within the City of Charlotte or one of designated HouseCharlotte eligible NPA’s per the Program Features.
  • Maximum purchase price is $224,000 for New Construction properties and $193,000 for Existing properties.
    • The HouseCharlotte down-payment assistance can be combined with other DAPs such as NCHFA-CPLP (Community Partners Loan Pool).

 Full Details Below

Grant Site

Blog author image

Pam Fender

Buying and Selling Homes in New York and North, South Carolina. My team help others achieve their dreams as home ownership. My Partners and I work throughout the country assisting in relocation. I spe....

Latest Blog Posts

Need Help to Quit Renting!!!

NC 1st Home Advantage Down PaymentIf you are a first-time home buyer or military veteran and qualify for an NC Home Advantage Mortgage™, you may be eligible for $8,000 in down payment

Read More

It’s tax season, use your refund to start building wealth through homeownership today!

It’s tax season, use your refund to start building wealth through homeownership today! I know too many people that are stuck paying rent when they don’t have to!  download app today

Read More

County Property Assessment

Check Your Home Tax Assessment?  https://property.spatialest.com/nc/mecklenburg/#/Owners across Mecklenburg County got their new tax values for the first time in eight years, with notices

Read More

House Charlotte Program- Are you Eligible???

Program FeaturesThe HouseCharlotte program provides 5, 10, or 15-year, deferred, forgivable loans to qualified  applicant’s .  Funds can be used to cover downpayment,

Read More