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Charlotte, NC introduces home ownership incentive program for corridor revitalization
Charlotte, NC Corridor Home Ownership Incentive Program
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Charlotte identified six Corridors of Opportunity for commercial rejuvenation and improved access to affordable housing. The House Charlotte Plus initiative offers $50,000 in zero-interest deferred loans for home purchases within these corridors. Eligible buyers earn less than 80% of the area median income and purchase homes valued at up to $315,000. The pilot builds on an existing House Charlotte offering of $30,000, thus supplying up to $80,000 per qualifying buyer.
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