Charlotte, NC introduces home ownership incentive program for corridor revitalization

Charlotte, NC Corridor Home Ownership Incentive Program

In Progress

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.

Land Use Planning / Development Pilot / POC Affordable Housing

Charlotte, NC

Municipality in North Carolina

United States

Links

House Charlotte Program | DreamKey Partners

Together, we’re addressing an important need in our community by helping hardworking people achieve upward mobility through homeownership.

Corridors of Opportunity

Official website for the city of Charlotte, North Carolina.

Newsworthy

New Homeownership Pilot Program in Corridors of Opportunity Provides Up to $80,000 in Assistance

Official website for the city of Charlotte, North Carolina.